PHOTO: Alex and Catarina Kouz, with daughter Lara and fiance Angelo, bought a Caringbah house. Picture: David Swift Source:News Limited
A family in Sydney’s south spent big to snap up their neighbour’s house at a hotly contested auction – and they’ve revealed a bold plan inspired by a trend common in countries such as Italy.
Two generations of a Caringbah South family joined forces to beat stiff competition at auction for their neighbour’s house with water views.
The family paid $1.897m for the Cumbee Lane house with views of the Port Hacking waterway and Royal National Park, beating “spirited” bidding from three of the six registered parties.
The price was $47,000 over the $1.85m reserve and well above the $1.59m-$1.75m guide the property was listed at in a previous sales campaign last year.
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