Brighton East family home nets $3.9 million at auction

The front of 13 Edro Avenue, Brighton East. Photo: Supplied

An-ultra modern Brighton East family home sold under the hammer on Saturday for an eye-watering $760,000 above the reserve.

Auctioneer Peter Kennett, from hockingstuart, told Domain he was crunching the sums but believed the figure was a per-square-metre price record for the suburb.

Number 13 Edro Avenue in Brighton East, on 695 square metres, sold for $3.87 million. The new buyers paid the equivalent of $5568 per square metre.

The appealing lap pool at 13 Edro Avenue, Brighton East. Photo: Supplied

The auction drew a large crowd and four buyer's advocates, three of whom fought hard to acquire a slice of high-end bayside real estate.

Advertisement

The winning bidder was buyer's advocate Mal James, who was impossible to miss in his signature check suit and pork-pie hat. Heopened the auction with a bid of $3 million - only $100,000 shy of the reserve.

With four bedrooms plus a study, lap pool and luxury finishes, the dual-level house in a leafy avenue, built four years ago, had no shortage of admirers during the marketing period.

Mr Kennett told the auction crowd that at least eight parties had requested a copy of the contract. He and fellow agent Tamara Whelanhad quoted $2.75 million-plus during the campaign.

See the original post:
Brighton East family home nets $3.9 million at auction