Willoughby, SA mortgagee home sold for $530,000 less than original asking price

Willoughby, SA mortgagee home sold for $530,000 less than original asking price
Willoughby, SA mortgagee home sold for $530,000 less than original asking price

A Willoughby, South Australia mortgagee cottage listed six times in the past five years has finally sold for $255,000.

The two bedroom, one bathroom cottage is situated on 139 hectares of primary production zoned land.

Paul Gibson of Cliff Hawkins marketed the property.

The earliest indicator of its mortgagee status came in December 2018.

Situated at 2332 Cape Willoughby Road, the holding was most recently listed for $450,000.

The asking price was a $330,000 reduction on what was originally sought back in July 2015 of $780,000.

Featuring two dams, one being spring fed a large working shed/garage and five rain water tanks, the property has views from the cottage with decking on three sides.

The holding last sold forĀ $75,000 in 2002.

Willoughby, SA mortgagee home sold for 0,000 less than original asking price

Tags: 
Willoughby Mortgagee Listing

Comments

Be the first one to comment on this article
What would you like to say about this project?