A determined bidder secures an entertainer’s haven

first_imgA RENOVATED bayside cottage with swimming pool has sold at auction in Lota to a determined buyer. The three-bedroom, two-bathroom property at 32 Outram St sold for $750,000 last Saturday. Owner Sean Mahon said the home was renovated to retain the cottage charm of the original house while the extension out the back was made for entertaining, with open-plan living, an outdoor kitchen and swimming pool. Marketing agent Kyle Woodbine said the auction of the Lota home attracted three registered bidders, with two actively bidding. An opening bid of $675,000 kicked off proceedings and was followed by bids of $700,000, $701,000 and $710,000. The home at 32 Outram St, Lota has been completely renovated.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020After some negotiations behind closed doors, the highest bidder upped her bid to $750,000, which secured her the home. Mr Woodbine said the new owner was a local professional who was determined to win the property. “It’s such a beautiful home. It’s very trendy and it’s an entertainer’s paradise but it is more suited to the single or couple rather than the family.“We had a lot of interest in the property with people coming through and we had a lot of post-auction interest too.” Mr Woodbine said the Lota market was performing well with plenty of buyers on the hunt, although listings were scarce. “Buyers are pretty fussy — they know what they are looking for,” he said. “Most are family buyers and they want space.”last_img

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