Land measurement and placement appeal to two bidders to Ocean Grove home, 44 Powell St West, RT Edgar, Brock Grainger, california bungalow-style

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TWO events bid for a california bungalow-style home in Ocean Grove at public sale pushing the value above the reserve.

The four-bedroom home at 44 Powell St West offered for $12,000 above reserve for $942,000.

RT Edgar, Ocean Grove agent Brock Grainger mentioned there have been a couple of different consumers within the crowd however they weren’t on the similar stage as the 2 that bid.

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“The consumers are from Melbourne and so they plan to initially use it as a vacation home with a view to maneuver down in a couple of years time,” Mr Grainger mentioned.

“They have been interested in the model of the home and since it was on a big block near city.”

The big home is on 850sq m of land and is strolling distance to the seashore, river and outlets.

4 bedrooms are positioned off a hallway whereas the open-plan residing space connects to a lined outside leisure space. There’s additionally a second loungeroom.

The property final offered for $790,000 in 2014, in accordance with CoreLogic.

Information reveals the median home value in Ocean Grove has elevated 12.eight per cent up to now yr to $665,500.

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