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Cashmere property causes a stir at auction

Tags: Canterbury Christchurch Residential

A stunning, earthquake repaired property nestled at the bottom of the Cashmere Hills caught huge buyer attention during its short campaign.

35 Cashmere Road

Built in 2007, with earthquake repairs completed in 2013, the property showcases fresh, contemporary decor throughout with some unique features. Earthquake repairs included some minor re-levelling of the foundations and replacement of the original Oamaru Stone cladding with light-weight Integra Panel and Linea Board, ensuring the property was in perfect condition to be placed on the market.

Bayleys Canterbury salesperson Rosemarie de Jong started the campaign one week early utilising a full-page Property Press advertisement and all major property websites.

Interest surged from day one, with 27 buyer inspections and 7,903 web interactions occurring within the first seven days.

Week two brought another 27 potential buyers through the property with web interactions increasing to over 14,000.

Interior of

A pre-auction offer was accepted during week two which brought the auction forward to Tuesday, September 20th, 2016.

“My colleague Amy Spurgeon and I focused on ensuring all buyers who viewed the home were promptly followed up in order to ascertain the general market feedback on the property, but more importantly, where they saw the value,” said Rosemarie.

“This assisted our vendors in making the decision to accept the pre-auction offer with some confidence that the level of interest shown would generate competition between buyers at the auction.”

Auction day welcomed six buyer groups to the Deans Avenue auction room where auctioneer Fiona Kiwi commenced the bidding at $1,320,000.

With 21 bids in total, the hammer eventually fell at $1,420,000.

Rosemarie concluded, “Sadly there was disappointment for some buyers, but we saw very happy vendors along with our relieved and delighted buyers.”

Visit Bayleys Canterbury to find out more about selling your property at auction.

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