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COLLINGWOOD

The Sunday Age

Sunday February 6, 2011

JAYNE D'ARCY

305/1-11 Hoddle StreetPassed in$520,000AGENT HARCOURTSASKING PRICE $550,000Despite a renovation, this third-floor unit with two bedrooms, two bathrooms and a courtyard didn't attract bids. Double-glazed windows kept out traffic noise on Hoddle Street, but after opening with a vendor bid of $500,000, auctioneer Nathan Gibson found there was not a sound from the 20-person crowd, either. One man nearly bought the property after putting his hand up when Gibson asked, "Who here barracks for Collingwood?". But even asking for a rise of $500 didn't elicit bids and the property passed in after a second vendor bid of $520,000. The reserve is $565,000.

© 2011 The Sunday Age

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