Under the hammer this Saturday

More than $50 million worth of real estate is scheduled to go under the hammer tomorrow night at Ray White Double Bay’s weekly in-room auction event.

The hot auction order features a range of prestige properties including 48 Kambala Rd, Bellevue Hill (above) which is on the market through Ashley Bierman and Elliott Placks.

The c1920s Tudor-style residence is one of the original homes on the street, and offers multiple indoor/outdoor entertaining options, formal and family spaces, a self-contained guest studio, soundproof music room, level lawn and an indoor swimming pool.

Auctioneer James Keenan will be wielding the gavel from 6.30pm, at 356 New South Head Rd, Double Bay.

This Saturday, Ray White Group is taking more than 250 properties to auction across the country, including a home owned by new NBL South East Melbourne Phoenix signing Ben Magden.

The apartment at 1/40 Cambridge St, Stanmore (above) will be auctioned at 9.30am through Ray White Surry Hills & Alexandria director Ercan Ersan, with a price guide of $900,000.

“It’s drawn the highest number of buyers at inspections of any campaign I’ve managed this year,” Mr Ersan said.

“It’s not your standard two-bedroom ground-floor apartment, as it feels more like a house. As part of a beautiful Victorian mansion which was converted into apartments, there’s lots of charm, character and sheer size you just don’t get anymore.”

Mr Magden, who was a former NBL leading scorer, said both him and his wife Bria loved the location and the high level of convenience it offered.

“The apartment is only 400 metres to Enmore Road with all the amazing cafes, restaurants, breweries, and not to mention our all-time favourite, Stinking Bishops!,” Mr Magden said.

“Our stretch of Cambridge Street is quiet and leafy with a real family-friendly community which is the perfect balance to the inner-city. We designed the kitchen to maximise light and space and to reflect our love of Parisian apartment living with French doors and chic tiling. It’s the perfect entertaining area, and our favourite spot to unwind on a Sunday, while enjoying our morning coffee in the sun.”

Still in Sydney, at 3pm, is the auction of a great family home at 15 Kurrajong Rd, Frenchs Forest (above).

Ray White Narrabeen/Narraweena’s Brian Fairweather said the four-bedroom, two-bathroom house on a 721sq m block had attracted young families in particular.

“I sold the property to the current owners five years ago,” Mr Fairweather said.

“Compared to what you get anywhere closer to the city, this is absolutely expansive.”

A Melbourne terrace home with the best of Brunswick on its doorstep is going under the hammer at midday, with a price guide of $780,000 to $858,000.

The two-bedroom property (above) at 41 Hope St, Brunswick is being sold through Ray White Brunswick’s Abdul Allouche.

“It’s been a very strong campaign with over 70-odd groups through,” Mr Allouche said.

“The reserve is realistic. Anything below $1 million in Brunswick is flying out the doors.”

A Brisbane home, on the market for the first time in more than 30 years, will go to auction Saturday morning at 10am.

The 732sq m allotment (above) at 10 Union St, Clayfield is on one of the suburb’s premier streets, according to Ray White Ascot’s Shenal Yigitbas.

“People assume it’s pre-war but this one is post-war,” Ms Yigitbas said.

“We’ve had a mixture of buyers, including a few from interstate who will tidy it up and lease it as a long-term investment. We’ve had around 50 groups through. Families love Union Street for its prime location. Some want to build their dream home, and others want to keep what’s there and renovate.

Meantime at 1pm, one of the best views of Brisbane’s CBD is on offer when 71 Robe St, Grange (above) heads to auction for the first time since being built in the 1930s.

“My grandfather lived in Victoria Street, but after his home was destroyed by the floods in 1930, he decided to move to the biggest hill he could see,” seller Jim Martin said.

“It’s been the only family home I’ve ever known and it’s now in its third generation, so I really want a new family to come in and create some amazing memories like we had.”

Ray White Spring Hill principal Sam Mayes said the property was ideal for a couple or family looking to renovate.

“This is a real opportunity for someone to come in, with essentially a blank canvas, and deliver a wonderful home in a sought-after location,” Mr Mayes said.

“Other than being packed full of potential, the jewel in the crown of this home is the stunning views of the Brisbane CBD, it’s a sight you have to see for yourself to truly appreciate. It’s on a quiet street and sits on a large 503sq m block, but also offers original detailing and great natural lighting throughout.”

In Adelaide, an interesting supply and demand situation is setting up what should be an exciting auction of 22 Ashbourne Ave, Kingswood (above) at 11am.

“There’s not a huge amount of property and people want to live in the area,” Ray White Morphett Vale’s Jason O’Halloran said.

“It’s close to major schools, and school zoning is critical.”

At 2pm, just metres from the West Beach foreshore, is the auction of a large family home (above) at 7 Cavendish St.

“We’ve been getting consistent numbers at open homes, between 15 to 20 groups,” Ray White Henley Beach principal Anthony Fahey said.

“The majority are developers looking to redevelop, or people looking to renovate what’s there, extend, or knock over and build a dream home. The large frontage and land volume is hard to find.”

The 821sq m property with 20.42m frontage is home to a three-bedroom, two-bathroom house, low maintenance garden and a tool shed.

Still in Adelaide where, at 4pm, a charming 1850s row cottage (above) is going to auction through Ray White Norwood’s Nick Borrelli.

“We’ve had healthy numbers through what will be a bit of a project for the buyer,” Mr Borrelli said of 9 Osborne St, Hackney.

“Character and location are the two big points. We’re getting a few young professionals looking at it, also downsizers wanting something on the city fringe for the lifestyle. You can walk into Rundle Street.”

Finally to Perth, where a large family home with ocean views is likely to sell under the hammer at 1pm for anywhere between $2 million to $3 million.

“You can see from the photos the ocean view but what isn’t obvious is the park at the rear,” Ray White Dalkeith | Claremont’s Peter Kasten said.

“There’s a decent backyard but that can expand via a gate to the rear.”

The cul-de-sac property (above) at 12 Wayeela Place, City Beach was custom-built by Beaumonde Homes.

There’s a swimming pool, grand entry foyer, home theatre, study, casual living and dining areas, open-plan kitchen with Smeg and Miele appliances, kitchenette and timber wine cellar.