Four bidders in $3.3 million plus contemporary Canterbury sale
Built by Canny Builders with resort style living in mind, the four year old award winning Canterbury contemporary residence of Lynette and Alan Knights was sold post-auction on Saturday afternoon.
The vendors were seeking $3 million plus for the 1 Dryden Street offering listed through Kay & Burton agent Scott Patterson in conjunction with Jellis Craig agent Paul Williamson.
James Buyer Advocates reported auction bidding began with a $3 million vendor bid. With three in the race, bidding got to $3.25 million when the agents went inside to seek instructions from their vendor.
A subsequent fresh bidder offered $10,000 helping the bidding along until the property was passed in at $3.3 million.
It was bought soon after auction for an undisclosed higher amount. Alan Knights recently retired from the position of chief financial officer with silver mining company Cobar Consolidated Resources.