Templestowe trophy home sold after re-auction

Templestowe trophy home sold after re-auction
Templestowe trophy home sold after re-auction

A Templestowe trophy home was sold mid-week following its second auction in the past two months.

Some 70 people turned up to see four bidders compete for the offering.

It was passed in at $2.5 million, and sold soon after at an undisclosed higher price on Wednesday night.

The Templestowe home had been knocked down at $3.35 million at its August auction when it had been listed with $2.4 million hopes.

The home was purchased 11 years ago for $870,000, but the current owners doubled the internal size, keeping in style with architect Phillip Mannerheim’s original vision, while creating an oriental inspired, feng shui home.

The 4 Winifred Court, Templestowe home,four bedroom, five bathroom house on 3,986 square metres was relisted by Carmen Stenta at Ray White Manningham.

She told Property Observer that the August buyer had a death in the family following the purchase with their assets being frozen.

The August underbidder had bought elsewhere through Stenta.

 

Jonathan Chancellor

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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