Family will be renovating as Herne Hill house sells after 60 years

Family will be renovating as Herne Hill house sells after 60 years nmprofetimg 1533
Family will be renovating as Herne Hill house sells after 60 years capi 6e336505ca5631884b50569add946d45 4e6519761c18ec1d8f2bd327b29c7316

13 Derby Rd, Herne Hill, sold for $465,000.

Several buyers waiting in the wings could only watch as a single bidder snapped up an unrenovated Herne Hill house at auction.

The three-bedroom Bell & Fulton house at 13 Derby Rd sold last Saturday for $465,000.

Harcourts, North Geelong agent Joe Grgic said several buyers had pulled out of the running for the 618sq m property offered for the first time in more than 60 years, while others were conditional buyers unable to bid at auction.

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“Our bidder had been looking for a while and had missed out on a couple of properties,” Mr Grgic said.

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13 Derby Rd, Herne Hill, sold for $465,000.

“It’s such a great position. These people saw the value — and it’s really land value for that spot there.

“They’ll definitely be renovating.

“The house needs a lot of work, so that’s pretty fair and I think it was a good result for our vendors.”

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13 Derby Rd, Herne Hill, sold for $465,000.

Mr Grgic said it was an estate and the sellers were really happy the house was selling to a family.

“They’ll love it, it’s a good neighbourhood,” he said.

The house is located near parkland and trails in Geelong’s inner west.

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13 Derby Rd, Herne Hill, sold for $465,000.

It offered three bedrooms, an original kitchen. The bathroom had been renovated to provide disability access.