Auc­tion stretches out

The Courier-Mail - Property - - MARKET PLACE REALESTATE - STEPHEN NADIN

AF­TER an auc­tion last­ing al­most an hour, a ren­o­vated Padding­ton Queens­lan­der with Bris­bane CBD views sold for more than $1.5 mil­lion.

Mar­ket­ing agent Judi O’Dea from SPACE Prop­erty Agents said the on-site auc­tion at 6 Cor­sham St at­tracted five reg­is­tered bid­ders among 50 peo­ple present. The fully re­stored four-bed­room three­bath­room two-level prop­erty was bought by a fam­ily newly re­turned from Lon­don.

Auc­tion­eer Nick Penklis took a first bid of $1.1 mil­lion from the floor, with the auc­tion con­clud­ing with a ne­go­ti­ated sale un­der the ham­mer.

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