Hamlyn Heights house draws big price at auction

Nick and Emma Daniele plan to extend the back of the log house. 9 Griffen St, Hamlyn Heights.

A young family trades a property in Fyansford for a house in a large, flat block in Hamlyn Heights, where they can easily expand.

The 1,009 sq ft property in Griffen St sold for $935,000 on Saturday, after attracting bids from two parties, both young families.

Harcourts, North Geelong agent Nick De Stefano said there were four groups raving about the renovated three-bedroom house and all of them got into the crowd to witness the auction.

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Auctioneer Shane King said size and location were the main ingredients that made the property in the western suburb of Geelong worth more than average.

The house is behind a wooden fence.

“You can be sure that this is a unique opportunity as these 1,000-square-foot blocks are getting harder and harder to find,” he said.

The property is close to a number of local schools including Western Heights and Clonard Colleges, as well as the popular Vines Rd shopping street.

“The house is ready to move in, a fantastic house with a lot of character,” he said.

Polished Baltic pine floorboards, a wooden kitchen, a beautiful fireplace, ceiling rose and ornate cornices were among the features.

“You can move in on day one and it has potential to add to the property, be it a subdivision or an extension, they are the choices.”

Buyers Nick and Emma Daniele do just that.

Mr Daniele, a contractor, said they are trading a property in Fyansford for Hamlyn Heights, where the flat land is preferred to expand and accommodate their young family.

“We’re doing a major reno in the back,” he said.

“We just got to Fyansford. It is on a bit of a slope, so with young children this is better.”

The auction opened at $850,000, with two groups exchanging bids until the underbidder pulled out at $932,000 while the buyers bid $935,000.

Auctioneer Shane King received bids from two groups at Saturday’s auction.

After going in to talk to the sellers, Mr. King revealed that the highest bid on the market was $935,000.

The property was listed with a sales range of $799,000 to $869,000.

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