Beachfront Brighton trophy home remains unsold

A Brighton beachfront reserve weekend auction offering remains for sale after being passed in at $11.2 million.
The indicative selling price had been given as $11,500,000 to $12,650,000 for the 6 Cole Street offering.
HockingStuart auctioneer Peter Kennett placed vendor bids after the one bid came at $10,500,000.
The vendor bids were $11 million and $11.2 million.
The family estate of 1,400 square metres was offered for the first time offered in 51 years.
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