Type of Property: Residential

Purchase Type: House

Purchases: $2,740,000.

Address: 14 Banool Road, Surrey Hills, Vic 3127

Location: Perfectly positioned in a highly desirable location, this property is just moments from Union Train Station, Whitehorse Road trams, and the vibrant Union Road shops and restaurants. Enjoy the charm of nearby Maling Road, along with the convenience of Chatham Primary School and other esteemed schools in the area. A prime spot that offers both exceptional access and an enviable lifestyle.

Method of sale: Auction. The selling agent struggled with a slow sales campaign, attempting to generate offers prior to each auction. Property prices in Ivanhoe were experiencing a slight decline toward the end of 2024. We devised a strategic negotiation plan that took the property to auction, ensuring maximum exposure to all potential buyers. This approach proved to be highly effective, as we ended up being the sole bidders, ultimately saving our clients over $95,000.

Purchased by Mark Ribarsky.