Family seals deal after bidding battle at auction

first_imgThe home at 25 Bride St, Wynnum.STRONG bidding ensured the sale of a renovated character home in Wynnum on the weekend. The five-bedroom home at 25 Bride St sold for $915,000 under the hammer. Marketing agent David Lazarus, of Belle Property Manly, said three bidders registered for the auction and two actively vied for the property. “We had an opening bid of $800,000 and strong bidding to $900,000,” he said. “We stopped there and negotiated a little bit more. We put it on the market at $915,000 and that’s where it stayed.”More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020The kitchen at 25 Bride St, Wynnum.Mr Lazarus said about 40 groups inspected the home during the marketing campaign and 30 people gathered to watch the property sell on auction day. He said the successful buyers were a local family. “The new owners are upgrading from Wynnum West and the sellers have bought a place on the Esplanade,” he said. “They were all very happy with the result.”Mr Lazarus said the Wynnum property market was bubbling along nicely.“I reckon clearance rates are sitting at about 80 per cent for the year,” he said.last_img

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