Hot auction in Sydney's Eastern Suburbs

Multi award winning real estate auctioneer Clarence White of Menck White Auctioneers recently achieved a scorching result at 84 Queens Park Rd, Queens Park, sold under the hammer for $14,500,000.

Marketing agents Alexander Phillips and Gavin Lewis of PPD Real Estate attracted 5 registered bidders to the auction of this stunning architecturally designed home set on over 600sqm of land directly opposite Queens Park.

The jaw dropping opening bid of $13,200,o00 sent buyers agents set to compete on the home scuttling onto their phones immediately. A ding dong battle between two buyers then ensued, with the property selling under the hammer in just minutes for $14,500,000.

While the wider Sydney real estate market has proved sticky and tricky at times recently, this auction demonstrated that for the right home, competition in Sydney's East still has plenty of potency.

https://www.youtube.com/watch?v=87nTYtk26D8