Family pays $220,000 above reserve for Stanmore ‘renovators delight’
Full story
A family purchased a terrace home in Stanmore for $220,000 more than the reserve price. The property was regarded as unlivable at the time of sale. Three bidders competed for the home during the auction. It is described as a renovators delight. The house requires at least $1 million in renovation work.
The property was considered unlivable, but it didn’t stop three bidders from competing for the terrace home which needed at least $1 million in renovations done.