A Balwyn North home has offered greater than $420,000 previous expectations, regardless of an opportunity will probably be bulldozed.
The four-bedroom residence with a pool at 1080 Burke Road had three teams , with ferocious bidding from a $1.8m opening supply.
Bidders shortly pushed the property to $2.06m when it was known as available on the market and it took simply seconds to leap one other $100,000.
In a number of extra minutes the bids saved rising to a whopping $2.481m.
Harcourts Choose agent Brett Philipp mentioned he was unable to reveal additional particulars of the sale, however famous it had “exceeded expectations” and was a “very sturdy end result given the market situations now we have had this 12 months”.
Mr Philipp mentioned he was unsure what the client meant to do with the 938sq m property, however mentioned it did embrace permits for 11 flats to be constructed instead.
“There are only a few good growth websites accessible,” he mentioned.
The underbidders have been native households, attracted by the property’s handy location close to parks, tram traces and native retailers.
The house’s uncommon floorplan wrapped round a central courtyard in a question-mark form and included a number of residing zones, a examine and double storage with a tradies bathe constructed into it.