Southport home sells under the hammer for $18,500 over reserve

first_imgSold for $18,500 over the reserve.ASIAN buyers continued a strong run at auctions this weekend with a Southport house selling $18,500 over reserve. The three-bedroom, two-bathroom home at 4 Centennial Place sold under the hammer to an Asian buyer for $493,500.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North11 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoRay White Benowa marketing agent Carita Lanham said there were nine registered bidders.“There was quite a mix of people who came along,” Ms Lanham said. “A few mature couples and young, first-time buyers. About 40 people attended the auction of 4 Centennial Place, Southport.“We had the auction inside with about 40 people stuffed into the kitchen and living room.”Ms Lanham said the deceased estate had only one owner during the past 23 years.Located in a cul de sac near schools and shops, the house was recently upgraded with new carpet and a fresh coat of paint.last_img

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