{"id":20967,"date":"2019-09-08T20:15:04","date_gmt":"2019-09-08T08:15:04","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20967"},"modified":"2019-09-08T20:15:04","modified_gmt":"2019-09-08T08:15:04","slug":"mortgagee-mansion-sold-for-2-5-million-under-original-asking-price","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/mortgagee-mansion-sold-for-2-5-million-under-original-asking-price\/","title":{"rendered":"Mortgagee mansion sold for $2.5 million under original asking price"},"content":{"rendered":"

 <\/p>\n

PHOTO:\u00a045 Matheson Road<\/strong><\/p>\n

A nine bedroom Applecross, West Australia manse has been sold for $2.33 million dollars after an unsuccessful 2016\/2017 marketing campaign.<\/p>\n

Originally the vendors sought $4.8 million when they put the home on the market in December 2016 but by the end of the campaign the asking price had been reduced to $3.95 million before being taken off market in October 2017.<\/p>\n

The home was relisted as a mortgagee sale through Monica Yeoh and Jan Radley of Acton in March 2019.<\/p>\n

Situated at\u00a045 Matheson Road<\/a>, the home was unsuccessful at auction in April and the asking price was set at\u00a0$2.6 million where it remained until the home sold in late August.<\/p>\n

Set on\u00a01,011 sqm, the nine bedroom, six bathroom home is just a block from Swan River.<\/p>\n

READ MORE VIA PROPERTY OBSERVER<\/p>\n