$500 final bid seals million-dollar Geelong waterfront precinct home

$500 final bid seals million-dollar Geelong waterfront precinct home nmprofetimg 1380
Auction at 13 Vincent Ave, Geelong  $500 final bid seals million-dollar Geelong waterfront precinct home capi 8f68048eb06f2ad84418a60b5940d93d 785cb32f6da25c56d59ffd8c22cf4154

Auctioneer David Cortous calls bids at the Vincent Ave auction in Geelong. Picture: David Smith

An incredible canopy provided by Chinese camphor street trees will provide Geelong buyers with the perfect location to host their grandchildren.

The couple secured the renovated three-bedroom house at 13 Vincent Ave, Geelong for $1,235,500 at Saturday’s auction.

The local couple was one of two parties to bid for the 633sq m property.

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The buyers are planning to relocate to the city fringe location, close to Western Beach and the CBD.

“It’s beautiful — a great location, a great house,” they said.

Auction at 13 Vincent Ave, Geelong  $500 final bid seals million-dollar Geelong waterfront precinct home capi 8f68048eb06f2ad84418a60b5940d93d 857f25fb2132644ca542866ec7a14e68

A good crowd watched the auction.

The buyers said the purchase was a bit like downsizing for them.

“We’re downsizing a little bit and we can fit the grandchildren in. As long as we’ve got room for the grandchildren we’re right.”

The two-storey brick veneer house last sold in 2014 for $730,000.

Since then, the owners have completely updated the house and garden.

Auction at 13 Vincent Ave, Geelong  $500 final bid seals million-dollar Geelong waterfront precinct home capi 8f68048eb06f2ad84418a60b5940d93d 8abcc640e3e7ad8b98adea9fd76f37d6

Auctioneer David Cortous.

McGrath, Geelong auctioneer David Cortous said it was a stunning property beneath the canopy provided by the exotic street trees.

“The home is circa 1950s with beautiful gardens,” he said.

“When you step through the front door, the home has been completely updated, with a new kitchen and new bathrooms and it’s got living zones everywhere.

$500 final bid seals million-dollar Geelong waterfront precinct home capi 8f68048eb06f2ad84418a60b5940d93d 8ef8d0b35bffca53bb021e20c042d05c

13 Vincent Ave, Geelong.

$500 final bid seals million-dollar Geelong waterfront precinct home capi 8f68048eb06f2ad84418a60b5940d93d d86c0f9de8f550f0f50f405070b0d0ef

The updated kitchen.

“I had the pleasure the other day of sitting out there on the back deck and it is a special spot.

“The beautiful Geelong waterfront is one block away and it’s only a 10 minute stroll to the cafes and restaurants on the waterfront and brings lifestyle into play,” Mr Cortous said.

The property had been offered with a price range from $1.2 million to $1.3 million.

$500 final bid seals million-dollar Geelong waterfront precinct home capi 8f68048eb06f2ad84418a60b5940d93d a7ff4809215ccd0ebb366b7daf1e824c

That deck.

Bidding opened at $950,000 and raced to $1.2 million with a series of bids between $50,000 and $25,000.

Mr Cortous confirmed it was on the market at $1.23 million.

The underbidder declared he was happy for his rival to take the home following a final $500 bid.