Samarai, Point Lonsdale tops limited coastal Easter auctions

Samarai, Point Lonsdale tops limited coastal Easter auctions
Jonathan ChancellorDecember 7, 2020

There are just the handful of Easter weekend metropolitan auctions across Melbourne this weekend.

Most of the auction activity is on the coastline, with a few special offerings topped by one in Point Lonsdale.

It's the auction of the landmark Point Lonsdale cottage, Samarai (pictured above), one of the most charming beachfront reserve property’s along the Victorian Coast.

Imagine all the sea changers who love the 1998 ABC series who will be wanting to snap it up.

The Ramsay family's Edwardian home is set on 1,100 square metres, last sold in the mid-1980s when bought from the Wortley's for around $240,000. 

It's been offered through Damian Cayzer at Kerleys Coastal Real Estate who could easily expect $3.5 million plus.

Other Victorian coastline offerings include 60 Frimmell Way, Portsea marketed as an affordable charming cottage style offering through Little Residential.

But not that much on offer in the typical Easter auction hotspot of the Mornington Peninsula.

There is an Easter Saturday offering through RT Edgar of the Lake House, at 12 Greenwood Avenue, Sorrento (pictured below), a large Rosenthal, Munckton and Shields-designed home on 1300 square metres.

Then on Easter Sunday, Liz Jensen at Kay & Burton has Saltaire, a contemporary five bedroom beach house (pictured below).

A Ron Dennehy-built Torquay offering comes with $850,000 plus hopes.

Paynesville is the busiest locality with John H Castran having some eight listings. They are mortgagee auctions, under instructions from Gippsland Secured Investments Ltd, receivers and managers appointed.

Lot 6 Driftwood Close Paynesville is 346 square metres and includes a boat house. 

Not just on the coast but Dinner Plains in the mountains has an auction. It too is a mortgagee auction of a three level three bedroom two bathroom townhouse (pictured below).

The limited Melbourne metropolitan offerings include: 

Harcourts 10 Davington Court, Wantirna

Ray White Greensborough 57 Margaret Street, Research

Ray White 1/20 Shankland Bvd, Meadow Heights

Wilson Partners 12:00 3/59Stanley Street, Wallan.

Neil Tan, research assistant at Australian Property Monitors says there are around 40 auction offerings across Sydney, plus Property Observer is aware of numerous coastal offerings in NSW including Terrigal and Yamba.

There are three auctions scheduled for Yamba including 40 Yamba Street Yamba, billed as a building site totalling 499 square metres with a R3- Medium Density Residential zoning.

The current two bedroom residence, while basic, is quite liveable.

"We’re thinking around the $500’s," the marketing by Yamba Iluka agent Warren Tucker suggested.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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