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The final bid of $ 500 seals the million dollar home on the Geelong Waterfront :REAL ESTATE

Auction at 13 Vincent Avenue, Geelong

The auctioneer David Cortous offers bids at the Vincent Ave auction in Geelong. Picture: David Smith

An incredible canopy provided by Chinese camphor street trees provides Geelong shoppers the perfect place to house their grandchildren.

The couple secured the renovated three bedroom home on Vincent Ave. 13 in Geelong for $ 1,235,500 at Saturday auction.

The local couple was one of two parties bidding for the 633 square meter property.

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Buyers are planning to move to the outskirts of the city near Western Beach and the business district.

“It’s beautiful – a great location, a great house,” they said.

Auction at 13 Vincent Avenue, Geelong

The auction was followed by a good crowd.

The buyers said the purchase was a bit of downsizing for them.

“We scale down a bit and can accommodate the grandchildren. As long as we have room for the grandchildren, we are right.”

The two-story brick veneer house was last sold in 2014 for $ 730,000.

Since then, the owners have completely updated the house and garden.

Auction at 13 Vincent Avenue, Geelong

Auctioneer David Cortous.

McGrath, Geelong auctioneer David Cortous, said it was a breathtaking property under the canopy of exotic street trees.

“The house is around the 1950s with beautiful gardens,” he said.

“When you step in the front door, the house has been completely renovated, with a new kitchen and new bathrooms and living areas everywhere.

13 Vincent Ave, Geelong.

The updated kitchen.

“I recently had the pleasure of sitting outside on the aft deck, and it’s a special place.

“The beautiful Geelong waterfront is just a block away. The waterfront cafes and restaurants are just a 10-minute walk away and bring the lifestyle into play,” said Cortous.

The property was offered at a price range of $ 1.2 to 1.3 million.

The deck.

The bid opened at $ 950,000 and rose to $ 1.2 million with a series of bids ranging from $ 50,000 to $ 25,000.

Mr. Cortous confirmed that it was on the market with $ 1.23 million.

The underbidder said he was happy that his rival could take over the house after a final bid of $ 500.

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