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Forbes Phoenix

You are here: Home / Articles / Under the Hammer

Under the Hammer

September 24, 2015 By editor

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Friday 18 September saw the end to a huge five week campaign for Ray White Rural Forbes. They took four properties from Forbes, Parkes and Lake Cargelligo to auction and with the use of the white out and a mix of other media, this campaign saw a total of over 150 enquiries.

On the final day the team managed a total of 27 registered bidders in the room and having the always reliable Angus MacLeod at the helm, they managed 3 from 5 under the hammer. Forbes property “Nirvana” sold under the hammer for $405,000 followed by “Montana”, another Forbes property selling under the hammer for $993,000, above the reserve price.

Part one of Lake Cargelligo, a bare block, sold for $210,000 followed by the house block portion of the property being hotly contended before being passed in for further negotiations. Parkes property “Blue Meadows” was slow
to start with, bidding steady at $455,000 and then also passing in for further negotiations.

With new interest generated, Ned is currently on a fresh inspection for Blue Meadows with persons present at the auctions.

Filed Under: Articles, General Interest

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