PHOTO: PRESTIGE REAL ESTATE The deceased estate was sold to a developer for $5 million after multiple offers were presented at tender.
What they say about location, location, location is true. You can’t beat it.
The semi-derelict house on the cliff-top in Campbells Bay has been sold by tender after multiple offers were received this week.
Listing agent Colleen Mangnall of Prestige Real Estate says the property was sold unconditionally for $5 million.
“A developer plans to remove the old house and build two dwellings,” Mangnall says. “So (we have) happy purchasers and happy vendors.”
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