Derelict Bondi home sells for a whopping $2.6m

A three bedroom home with “potential” in North Bondi has sold for $2.6 million at auction - $500,000 above the reserve asking price.

The home, located on Murriverie Road, went under the hammer on November 9.

“Situated in a sought after location, surrounded by quality residences, here is an amazing opportunity for a complete knock down/rebuild or a massive restoration and renovation,” the listing on realestate.com.au boasts.

The North Bondi home went to auction on November 9 and was sold to a couple for $500,000 above the reserve. Source: realestate.com.au.

The home features three “large” bedrooms, an enclosed front porch and two bathrooms.

The property is also within walking distance to Bondi Beach and cafes, restaurants and shops.

More than 50 people attended the auction and one bidder’s opening bid of $1.6 million was rejected, according to The Sunday Telegraph.

A married couple, Marcus and Dunja, beat out the other hopefuls and are ecstatic with their new home, telling The Sunday Telegraph they planned to knock down the house and rebuild on the site.

The one storey home is walking distance to Bondi Beach. Source: realestate.com.au.

In October, a couple used a genius tactic to score the keys to a town house in Hawthorn East for $1.07 million.

The pair pretended not to be a couple, a detail even the real estate agent Joe Falzon did not know. The wife dropped out of the auction early on and the home was sold to her husband for $1.07 million.

The three bedroom home, which is about seven kilometres from Melbourne’s Central Business District, boasts a wrap around courtyard and an enclosed garden with two private carport spaces and it was a steal considering the median house price in Hawthorne East last year was $1,805,000.

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