Builder wins competitive auction for Coburg home in Melbourne, purchasing rundown property for $965,000.

A builder won a competitive auction for a rundown Coburg home in Melbourne, paying $965,000. The three-bedroom, deceased estate at 5 Ryan Street needed significant work as it had cracking walls, peeling wallpaper, and worn carpets. The property, with 435 square meters of land, had a quoted price range of $800,000-$880,000.

July 13, 2024
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