Photo: Darren England Proceedings kicked off with an opening bid of $400,000 and progressed, through stops and starts, to sell under the hammer for $607,500. There were four active bidders and more than Mortgage brokers Oak Laurel Nundah, 0430 129 662, 60 London St, Nundah QLD 4012 35 bids, with the price increasing by just $2,500 at times. Ms Green said the auction went brilliantly. We smashed the reserve, she said. Auctioneer Mark Frater at the auction of 71 Withington St, East Brisbane. Photo: Darren England Ms Green said the buyer was a local man who couldnt attend the auction and so placed his bids by phone from Melbourne. Hes going to renovate the property, she said. Hes got a couple of young children and hes going to renovate it to be the family home. Mr Cronin said he was happy with the sale price and hoped the buyer would return the Withington St home to its former glory. Also on Saturday, a renovated character cottage sold at auction in less than eight minutes in Red Hill. The home at 17 Susan St, Red Hill sold at auction. Bidding for 17 Susan St opened at $800,000 and quickly climbed to seven figures thanks to the four active bidders.
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