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Comedian and entertainer Glynn Nicholas at his home at 13/1-5 Martin St, St Kilda. Picture: Andrew Henshaw
AFL commentator Anthony Hudson was at the centre of an enthralling pre-season battle as his Brighton family home soared more than $300,000 above reserve at auction yesterday.
Nearby, a three-bedroom villa unit fetched a whopping $427,000 above its reserve price.
But in St Kilda the performance of comedian and writer Glynn Nicholas’ converted warehouse pad was no laughing matter.
His two-bedroom apartment passed in at $750,000 with no genuine bids.
RELATED: AFL commentator Anthony Hudson sells Martin St, Brighton, family home for $3.305 million
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Comedian and writer Glynn Nicholas added a mezzanine level for the sale of 13/1-5 Martin St, St Kilda.Source:Supplied
The two-bedroom apartment was originally used as an office space by Nicholas.Source:Supplied
The auctions were among 1347 scheduled across the city this week, with CoreLogic recording an early clearance rate of 72 per cent.
‘Huddo’ took a back seat as Buxton, Brighton, auctioneer John Clarkson’s voice boomed throughout the suburb’s sought-after Martin St.
The hammer fell at $3.305 million for No. 36 after competitive bidding between two of the four bidders — topping a reserve price “in the 2.9s,” Mr Clarkson said.
He declared it was “like pulling teeth” at the start following an opening vendor bid of $2.6 million, which was followed by a genuine bid by the eventual buyer of $2.65 million.
But the action ramped up in the final stages as members of the underbidder’s group could be heard urging them to “just buy it.”
A location between the bay and Martin St Village and proximity to good schools were drawcards for the updated four-bedroom 1960s home.
The 1960s facade of 36 Martin St, Brighton.Source:Supplied
The retro kitchen has yellow tiled splashbacks and green benchtops.Source:Supplied
Nicholas said he had owned his 13/1-5 Martin St, St Kilda, apartment since 2000, using it as an office space before converting it and recently adding a mezzanine floor.
“The property has an interesting and quirky history being first used as a factory and later as a bar and once had a spa. It is in the heart of St Kilda with a great community feel,” he said.
Advantage Property Consulting director Frank Valentic reported the deceased estate at 2/72 Dendy St, Brighton, sold for $1.427 million after competition between four bidders.
“One was an investor, who won the property, and a young first-home buyer couple from Port Melbourne were the underbidders,” he said.
“Another was a young guy who flew down from Sydney and a downsizer as well.”
Mr Valentic said the broad appeal of villa units contributed to them performing strongly.
“Those sorts of single-level villas generally do have quite a decent bit of land attached so they attract different demographics ... and they’re not building them anymore,” he said.
The property at 2/72 Dendy St, Brighton, sold $427,000 above reserve.Source:Supplied
“A developer wouldn’t put single-level villas on land like that now, they would put a double or triple level development so there’s a unique quality as well.”
And in Fitzroy North, two properties near each other passed in without attracting a bid, reported The Advocates’ Tony Rindfleisch.
The three-bedroom house at 83 Best St had a reserve of $1.8 million and passed in on a vendor bid of $1.7 million, he said.
And a four-bedroom townhouse at 44 Reid St was passed in on a vendor bid of $1.7 million.
with Ming Haw Lim
Originally published as Comic’s auction no laughing matter