Thursday, November 18, 2010

Felix Auction

It is always good to see what happens at normal auctions. An apartment in Felix, 307/26 Felix Street, went to auction today. See listing. It is a 2 bedroom, 2 bathroom apartment on a higher floor, with decent views (some river glimpses) but a little lack of privacy due to Waterfront Place, and the possibility of being built out if the building next door or behind is developed. 78 sqm internal floor area, 91 sqm total.

There were 3 registered bidders. The highest bid was $482,000. The apartment is now listed at $525,000. This gives a range of between $5,300 and $5,700 a sqm -- which is good to keep in mind if you are buying an apartment off the plan.

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