Sales Agent Tim Woodham from George Brand Copacabana had a great start to the Spring selling season, selling 88 Del Monte Pl, Copacabana under the hammer for $1,205,000 on the weekend more than $300,000 above reserve.
The property is situated in a prime location close to Captain Cook Lookout with views south to Sydney and north to Norah Head. The 3 bedroom home is a 2 storey solid brick home with 2 large living areas but in need of renovation.
The successful buyers from Sydney are renovators, who competed with 11 registered bidders on the beautiful spring afternoon. After 31 bids they were the new owners of the property. The property attracted 114 inspections through the 4 week auction campaign and bidding commenced at $800,000. The vendor was overjoyed with the result.
Tim Woodham commented “It was a great result from an outstanding marketing campaign by the George Brand team” he continued “Good quality property is selling well and we continue to see great sales results in Copacabana. The Central Coast remains a very compelling market for an investment or lifestyle change for young families, now that Sydney has become difficult to afford. I have a very firm belief that the Central Coast market will remain strong and show continual growth over the medium term as buyer demand continues to outweigh supply”.