Brighton's Marama trophy home sold
Marama, the Brighton mansion that passed in on a vendor bid at weekend auction despite heavy discounting, has now been sold.
It went for more than $6 million on the following Monday night.
Biggin and Scott’s Trudy Biggin, in conjunction with Castran Gilbert, sold the circa 1880s house.
The Church Street trophy home sold to a young family with three children for an undisclosed sum.
Set on around 1300 square metres, Marama failed to sell with its original $7 million price tag late last year.
The vendors lowered their reserve to $6.4 million during the latest marketing.
The five-bedroom property passed in on a vendor bid of $5.8 million.
Biggin told the local paper said the family had been looking at the property “on and off” since last year, and was present at the auction.