{"id":41030,"date":"2022-11-28T20:26:15","date_gmt":"2022-11-28T07:26:15","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=41030"},"modified":"2022-11-28T20:26:15","modified_gmt":"2022-11-28T07:26:15","slug":"the-block-mark-2-auctions-with-1-reserve","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/the-block-mark-2-auctions-with-1-reserve\/","title":{"rendered":"The Block, mark 2: Auctions with $1 reserve"},"content":{"rendered":"

PHOTO: It\u2019s like The Block is coming back to Sydney.<\/strong><\/p>\n

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Nine properties are set to come up for sale at a charity auction with a price guide of just $1.<\/p>\n<\/div>\n

The properties in Normanhurst consist of eight freestanding four bedroom brick houses and a vacant block of land \u2013 reminiscent of the type of auctions seen on The Block<\/a>.<\/p>\n

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Property experts predict price changes for the Australian property market | WATCH<\/a><\/h2>\n<\/header>\n<\/div>\n

While the properties are being marketed by Ray White Upper North Shore agent Thomas Merriman alongside Saliba Estates Agents\u2019 Josh Saliba with a $1 guide and $1 reserve, their total value could be in excess of $12m when they sell.<\/p>\n

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64 Mount Pleasant Ave, Normanhurst.<\/strong><\/em><\/div>\n

The properties are currently owned by the Seventh Day Adventist Church, with plans for the proceeds from the sale to go towards service apartments for nurses from the Sydney Adventist Hospital in Wahroonga.The sale includes properties ranging from\u00a064 to 77 on Mount Pleasant Ave.<\/a><\/p>\n

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SHOCK claim four of THE BLOCK sales were \u2018NOT REAL\u2019!<\/a><\/h2>\n<\/header>\n<\/div>\n

Mr Merriman said the properties were situated close to schools, the station and shops.<\/p>\n

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The properties are currently owned by the Seventh Day Adventist Church.<\/strong><\/em><\/div>\n

\u201cThe exciting thing about this is that we\u2019re going to have a block of land with a $1 guide and a $1 reserve. Ideal for those interested in buying a house to live in, or a block of land to create something on,\u201d Mr Merriman said.<\/p>\n

The winning buyer will also be offered the chance to work with Deb and Andy from Season 15 of The Block for styling tips.<\/p>\n

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Are government schemes helping home buyers enough?<\/div>\n<\/div>\n<\/div>\n
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Deb and Andy were featured on Season 15 of The Block.<\/strong><\/em><\/div>\n

\u201cWe are offering the successful purchasers of each property a design consultation for two hours to discuss renovation or redevelopment ideas, interior design and furniture selection,\u201d the pair said in a statement.<\/p>\n

\u201cWe are always eager to get involved in anything property or design related, but the thing we loved most about this project is the admirable cause behind the sale.\u201d<\/p>\n

Acquired by the Seventh-day Adventist Church in 1898, the properties are part of a 64.2 hectare parcel of land.<\/p>\n

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The pair will offer successful buyers the opportunity to help style their home.<\/strong><\/em><\/div>\n

Adventist Healthcare CEO Brett Goods said the new accommodation would provide housing closer to the hospital and would replace the \u2018very old and unappealing\u2019 current properties.<\/p>\n

\u201cThe Seventh-day Adventist Church remains committed to maintaining the bush reserves around the hospital and behind some of these properties, making it available to the community for recreational and leisure activities,\u201d Mr Goods said.<\/p>\n

\u201cWe are all very conscious of the high cost of housing in Sydney. It is one of the challenges to recruitment and retention of health workers.\u201d<\/p>\n

Auctions for the properties will be held on-site on the 1st December, to be sold in a row.<\/p>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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