Type of property: Free-Standing House.
Reason of purchase: Primary Residence
Location: Suttie Rd, Bellevue Hill, NSW, 2030
The client was shown two properties in Bellevue Hill, which were both going to auction on the same night. The dialogue and due diligence to determine preference was strongly pursued to the 11th auction hour. The choice to attend the auction at 25 Fairweather Rd, Bellevue Hill brought a non-result at $3.5million (above-ceil), the unfortunate streak had continued.
The second property had now become the focus. Prior to the Suttie Rd auction of Bellevue Hill, CohenHandler had uncovered that an earlier campaign had surmounted to non-result by inability to breach vendor private treaty reserve. The title had been quoted in the high $2-3 million range. Under a CohenHandler distressed seller strategy, the property could be secured at $2.75 million if it was signed that night. With numerous counter offers exchanged and valued dialogue, the client and vendor penned late that night at $2.71 million.