Post on 03-Apr-2016
description
transcript
Auction Event
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The Beginner’s Guide
to Auctions
Auction Checklist
In Room Auctions
Copacabana, 17 Koorabel Avenue
Daleys Point, 16 Daley Avenue
Green Point, 26 Panorama Terrace
Avoca Beach, 10/174 Avoca Drive
Toukley, 317 Main Road
Woy Woy, 122 Blackwall Road
Onsite Auctions
Macmasters Beach, 109 Damien Ave
Lisarow, 33 Excelsior Street
Fair Trading, Bidders Guide
One Agency
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So you’ve found your dream home and you want to make it yours – now! There’s just one hurdle, it’s up for auction. How do you prepare for this type of sale and how do you remain cool and calm on the day?
THE BEGINNER’S GUIDE TO AUCTIONS
here’s no denying it, for first home buyers especially, an auction can be exciting, stressful and maybe even a little terrifying if you don’t know what to expect. The good news is that with the right planning and helpful
guidance from a professional real estate agent such as One Agency, you can own your dream home and secure it at a price that matches your budget and it’s true value. Before you bid on a property you need to make sure you have completed all of the essential research and preparation. This includes undertaking building inspections, securing your finance and reading the contract for sale. You may even want to ask your conveyancer or solicitor to check over the contract. Do some exploring in the area in which you wish to buy. You may want to check out median house prices information or review the past sales results of properties in the vicinity to ensure you have a realistic purchase price in mind. When you plan to bid at the auction you need to register your details when you arrive. Ensure you arrive early on the day so you can take one last look around the property. You’ll also feel more relaxed and level headed if you have time to spare. Attending other auctions in the lead up to yours is also a great way to become accustomed to their pace and procedure. At the beginning of proceedings the auctioneer will describe the property and describe the contract. They will then begin taking bids. This is when the excitement really builds. Some buyers take along a friend or family member who bids for them if the task is a little daunting. As the auction unfolds don’t be afraid to bid strongly and confidently, letting others know you mean business. If you are successful at the auction you’ll be asked to sign the contracts and pay the deposit, so don’t forget your cheque book! Once that’s finalised, the only thing left to do is celebrate. You’ve jumped that last hurdle and bought yourself a home!
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Prior to Auction checklist
o Have your Solicitor/Conveyancer examine the sale contract
o Have pre-purchase pest & building inspections completed
o Have your finance arranged
o Have your 10% deposit ready
Pest & Building Inspections
Any pest & building inspections must be done in advance, at your cost, prior to
auction.
Finance
Your finances must be arranged prior to bidding and you must know the limit you
can go to. A 10% deposit is required at the fall of the hammer unless
permission to alter the percentage has been approved prior to bidding.
Reserve price
Before auctioning a property, the seller will nominate a reserve price which is
usually not told to the interested buyers.
The reserve price is the lowest price that the seller is willing to accept. If the bid
is below this price, the property will be ‘passed in’. The seller will then either try
and negotiate a price with interested bidders or put the property back on the
market. If the bidding continues beyond the reserve price, the property is sold at
the fall of the hammer.
How do I bid at the auction?
Simply attract the attention of the auctioneer by putting up your hand clearly
showing your registered bidders number.
If you are the successful bidder, you will be asked to pay the deposit and sign a
contract. If you are unsure what to do at the auction, please do not hesitate to
ask for help. We have a number of professional staff on hand who are happy to
provide advice to help you out.
The contract is unconditional and binding at the fall of the hammer.
There is no cooling off period. On the fall of the hammer, the property is yours
and insurance should be taken out immediately.
When intending on
bidding at Auction
there are a few
things that you
need to know.
AUCTION CHECKLIST
Settlement period
Settlement usually takes place about six weeks after contracts are exchanged,
unless otherwise stated on the Contract for Sale, or permission to alter conditions
has been approved in writing prior to bidding. This is when you become the legal
owner of the property. The balance of the purchase price and other adjustments
are paid on this date.
Can I buy before Auction?
Yes, auction properties are often sold prior. You simply submit a written offer via
the property agent. If the Vendor wishes to accept your offer, you must complete
a signed Contract for Sale and 66w. Your solicitor/conveyancer will advise you on
waiving your cooling off rights.
We are there to help you!
The One Agency team are specially trained to help you and answer any questions
that you may have about buying a property at auction. Please do not hesitate to
ask for assistance in advance by calling one of our offices, the agent directly on
their mobile, or please come and talk to us on the night.
IN-ROOM AUCTIONS
SUBURB ADDRESS ABOUT THE PROPERTY PRICE GUIDE
COPACABANA 17 Koorabel Avenue Impeccable three bedroom home,
contemporary design, large open plan
living. French doors leads to large
40sqm outdoor deck, tree lined yard,
inground pool, air conditioned.
Contact Agent
DALEYS POINT 16 Daley Avenue Completely renovated five bedroom
home and designed to capture the
magnificent water views across
Brisbane Waters. Sun drenched block
with direct access to water.
Over $780,000
GREEN POINT 26 Panorama Terrace Immaculate four bedroom home set
over two levels enjoying a glorious
outlook. Entertaining deck, rumpus
room, enclosed yard and located in a
family friend street.
Contact Agent
AVOCA BEACH 10/172 Avoca Drive Three bedroom security unit with sun
soaked terrace & spectacular ocean
views. Open plan living, updated
kitchen, pool in the complex, security
parking. Fully furnished and lift.
Contact Agent
TOUKLEY 317 Main Road Three commercial shops with solid
long term return and main road
exposure. 3x3x3 leases returning over
$60,000 per annum.
* Agent declares interest
Contact Agent
WOY WOY 122 Blackwall Road Sun drenched level 930sqm block, this
three bedroom home presents
exciting opportunity. 1940’s double
brick renovated cottage, rear lane
access and centrally located.
Contact Agent
6.00PM Breakers Country Club - 64 Dover Road, Wamberal
View online here
Copacabana Tropicana
Bedrooms 3
Bathrooms 1
Parking
Land size 664sqm
17 Koorabel Avenue, Copacabana
From the moment you walk in the front door, this impeccable
home simply says Welcome. Contemporary design, this 3 bed-
room home with large open plan living combines a spacious liv-
ing, kitchen & dining area for your comfort. Walkout through the
French doors opening onto the large 40sqm outdoor deck, ex-
posing a tree lined large backyard, boasting an inground salt
water pool. Beautifully presented, air conditioned, Ilve kitchen
appliances, landscaped entrance and side path, this home is
ready to move into immediately. This home is a must for your
viewing list.
Contact Stephen Rinaldo
0418 650 540
Office
4385 2004
View online here
Completely renovated throughout
with direct water front access
Bedrooms 5
Bathrooms 2
Parking 3
Land size 610sqm
16 Daleys Avenue, Daleys Point
Completely renovated and designed to capture the magnificent
water views across picturesque Brisbane Waters, this quality
built residence offers a fantastic lifestyle opportunity. It's set on
a sun drenched 610sqm block with direct access to the
waterfront and minutes to pristine beaches and Palm Beach
Ferry. Sun filled living and dining area with expansive water
views, brand new modern kitchen, beautiful Tasmanian oak
timber flooring throughout, slow combustion fire, master suite
with lavish ensuite and walk-in robe, separate study, large
umpus room downstairs leads outdoors to level back yard.
Auction 25th September, 6.00pm
Breakers Country Club
64 Dover Road, Wamberal
Viewing Saturday 12.30 - 1.00pm
Contact Matthew Kidd
0417 230 732
Office
4369 2268
View online here
Spacious family home with swimming
pool and Brisbane Water outlook
Bedrooms 4
Bathrooms 2
Parking 2
Land size 683sqm
26 Panorama Terrace, Green Point
This immaculately presented home is set over two levels and
enjoys a glorious outlook with both scenic bush and Brisbane
Water views. Located in a beautiful, family-friendly street and
featuring rear entertaining deck overlooking above ground
swimming pool, open plan kitchen, dining and living flowing on
to upper deck. Large rumpus room downstairs with wet bar
area, three bedrooms plus study come fourth bedroom upstairs,
master bedroom with ensuite, large family bathroom and ample
storage throughout, including large under house storage.
Enclosed rear yard, ideal for children and family pets.
Auction 25th September, 6.00pm
Breakers Country Club
64 Dover Road, Wamberal
Viewing Saturday 12.30 - 1.00pm
Contact Paula Taylor
0410 588 306
Office
4369 3386
View online here
Ambassador Blissful lifestyle
apartment with stunning views
Bedrooms 2
Bathrooms 2
Parking 1
10/172 Avoca Drive, Avoca Beach
Set in a prized third floor setting in the sought after Ambassador
Apartments, this impressive security apartment promises a life-
style most only dream about. Set above the cafes and restau-
rants and showcasing bright and spacious interior, generous
balcony with spectacular ocean views and is only metres from
fabulous surfing beach. Ample double bedrooms with built-ins
and en-suite Generous living space flows to sun soaked
oceanside terrace Updated kitchen with all new appliances and
glass splash backs To be sold fully furnished Covered security
parking, additional storage, lift access, secure unit & pool.
Auction 25th September, 6.00pm
Breakers Country Club
64 Dover Road, Wamberal
Viewing Saturday 12.00 - 12.30pm
Contact Tony Fitton
0412 786 754
Office
4385 2004
Main road exposure -
3 commercial shops
Shops 3
Bathrooms 2
Parking 7
Land size 450sqm approx.
317 Main Road, Toukley
A solid long term commercial investment consisting of three shops on one title. Each shop is currently leased to professional offices with 3 x 3 x 3 leases. Returning over $60,000+ p/a. Built of brick and iron construction, each shop has air-conditioning and has been fully renovated in the past 3 years. Two bathrooms at the rear are fully renovated. Situated on a main road corner position with car parking available for 7 cars. A tremendous opportunity for the astute investor to acquire a superannuation property or invest in your future with a great return.
* Agent declares interest.
Auction 25th September, 6.00pm
Breakers Country Club
64 Dover Road, Wamberal
Viewing By appointment
Contact Cathy Maxworthy
0415 450 197
Office
4396 8882
View online here
Newly renovated 1940’s cottage set
on enormous block
Bedrooms 3
Bathrooms 1
Parking 2
Land size 930sqm
122 Blackwall Road, Woy Woy
Set on a sun drenched, level, 930sqm block, this three-bedroom
home presents an exciting buying opportunity. Enjoy this
renovated, 1940s double brick cottage as is, or re-develop on
this sprawling land with rear lane access. Centrally located close
to all Woy Woy amenities and featuring: -Bamboo wooden
flooring and ducted air conditioning throughout , modern kitchen,
original Kosi fireplace in family room, double-glazed windows,
master bedroom with built in wardrobe, large rear entertaining
deck overlooking yard, covered with down lights, second under-
cover entertaining area or additional covered parking in rear.
Auction 25th September, 6.00pm
Breakers Country Club
64 Dover Road, Wamberal
Viewing Saturday 10.00 - 10.30am
Contact Paula Taylor
0410 588 306
Office
4369 3386
ONSITE AUCTIONS
SUBURB ADDRESS ABOUT THE PROPERTY PRICE GUIDE
MACMASTERS
BEACH
20th September
1.00pm
109 Damien Avenue Set on 2.5 peaceful acres, this solar
passive split level home offers ultimate
privacy. North east aspect and 2 minute
drive to Macmasters Beach.
Over $1,000,000
LISAROW
27th September
2.00pm
33 Excelsior Street First time offered to the market in over 15
years and spread over a sought-after and
extremely rare picturesque 2.5 acres, is
this distinguished & generously
proportioned family home.
Over $850,000
View online here
Private beachside acreage
Bedrooms 5
Bathrooms 3
Parking 2
Land size 2.5 acres
109 Damien Avenue, Macmasters Beach
Set on 2.5 peaceful acres, this solar passive split level home
offers ultimate privacy. The picturesque outlook over native
trees is complimented by a garden that is designed to entice the
prolific bird life. The house takes full advantage of its north east
aspect with deciduous trees allowing the sun to warm the interi-
or in winter and shade it in summer. Positioned just a short two
minute drive to beautiful MacMasters Beach, here is a truly rare
offering in this highly desirable location.
Auction 20th September, 1.00pm
Registration from 12.30pm
Onsite
Viewing Saturday 11.00 - 13.00am
Contact Matthew Kidd
0417 230 732
Office
4369 2268
View online here
Embrace the semi-rural lifestyle
with this immaculate family home
Bedrooms 5
Bathrooms 2
Parking 14
Land size 2.5 acres
33 Excelsior Street, Lisarow
First time offered to the market in over 15 years and spread over
an extremely rare picturesque 2.5 acres offering supreme peace
and privacy with resort-like entertaining this instantly impressive
residence offers a peaceful sanctuary for the growing or
extended family, featuring: 5 spacious bedrooms, main with
walk in robe and new ensuite, large modern bathroom, ensuite
with underfloor heating, large open plan living areas, modern
kitchen, ducted air conditioning + slow combustion fire, private
solar heated pool + kids play area with soft fall floor, post and
rail fencing with horse paddocks and 2 stables.
Auction 27th September, 2.00pm
Registration from 1.00pm
Onsite
Viewing Saturday 1.00 - 1.45pm
Contact Kylee Jones
0414 226 533
Office
4322 9856
ON
EA
GE
NC
Y
AVOCA BEACH, COPACABANA
KINCUMBER
4381 2004
ANITA CASE
TONY FITTON
STEPHEN RINALDO
GREEN POINT, SARATOGA
DAVISTOWN, ERINA
4369 3386
PAULA TAYLOR
SHARRON TUCKER
WAMBERAL, ERINA HEIGHTS
TERRIGAL, NORTH AVOCA
HOLGATE, MATCHAM
4385 2141
TRACY STEIN
JAMIE DOMAN
KARI LIGHTFOOT
NARARA, LISAROW
NIAGARA PARK
WYOMING, OURIMBAH
4322 9856
KYLEE JONES
ANTHONY CATALANO
BEN CHEVERALL
BIANCA FOREMAN
BENSVILLE, EMPIRE BAY
MACMASTERS BEACH
ST HUBERTS IS. DALEYS POINT
4369 2268
MATT KIDD
TIFFANY JACKSON
BERNAND POLS
SHELLY BEACH, NORAH HEAD
WARNERVALE, TOUKLEY
LAKE MUNMORAH
THE ENTRANCE
4396 8882
CATHY MAXWORTHY
ANTHONY CASTELLI