Property sells at auction for over $2,000,000!

October Property News

Spring is here and the team at Oz Combined Realty has hit the ground running with an outstanding result that set a new record for residential sales in Vincentia.

When 56 Elizabeth Drive, Vincentia, was put up for sale, the beachfront property was bound to attract immediate attention. Set on an expansive 973sqm, just moments from the water, the three- bedroom residence offered a functional layout with easy indoor/outdoor living, generous space and fabulous views over Jervis Bay.

A property such as this, presenting opportunity and lifestyle in a dream location, would no doubt sell – but the extent of the sale’s success would come down to the agency and the agent looking after it.

Fortunately, the Elizabeth Drive property was in highly experienced hands with Oz Combined Realty’s Robert Zuzic. Having already set the residential sales record in Huskisson, Robert clearly has the skill to gain the best possible price, and once again, did not disappoint.

During the 40-day auction campaign, there was an incredible amount of interest with 176 email enquires and 106 inspections. On the big day, 150 people attended the auction with 18 registered bidders. As a result, the competition was fierce with the hammer finally falling on the incredible price of $2,050,000 – a record residential sale for the area.

Thanks to strong market knowledge and a reputation for successful sales, Oz Combined Realty has the advantage of a comprehensive database of qualified buyers waiting to purchase. Plus, waterfront properties are particularly sought-after, as they make ideal investment properties with excellent holiday returns. This meant that Robert was able to instantly contact many interested parties who would be ready to move should the right property came along.

With the weather starting to warm up, the timing of the auction was perfect. There were plenty of buyers interested in purchasing and once again, the Oz Combined Realty auction program was the best way to create a buzz and gain not only the best possible result, but also one that broke all sales records – and the vendor could not have been happier with the result.

So, if you’re thinking of selling, the spring/summer period is the time to do it. Buyers are waiting in the wings for the right property to appear and Oz Combined Realty are able to contact them when it does. Robert has already set two area sales records – just imagine what he can do for your property!

Sales
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Property sells at auction for over $2,000,000!