4 bidders, 5 bids, and the vendors weren’t going to cave in. That’s the way things turned out on the one apartment auctioned at City Sales today.
Newton Rise, 121 Newton Rd, unit 202:
Features: 77m², 2 bedrooms, 6m² deck, parking space
Outgoings: rates $1493/year including gst; body corp levy $5518/year
Income assessment: $515-600/week
Outcome: passed in at $555,000
Agents: Scott Dunn & Trisha Shanaghan