OTP resale loss in cheapest $245,000 weekend auction result

OTP resale loss in cheapest $245,000 weekend auction result
Staff reporterFebruary 26, 2017
A two bedroom apartment at Mernda, which has been a $310 a week rental in the City of Whittlesea suburb, fetched $245,000.
 
Offered through Ray White, the Rowell Drive unit fetched less than its $295,000 off the plan price.
 
The auction price guidance had been $240,000 to $260,000 for the 70 sqm ground floor apartment that was completed in 2012.  

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