Newspaper article The Chronicle (Toowoomba, Australia)

Auctions Heat Up in City

Newspaper article The Chronicle (Toowoomba, Australia)

Auctions Heat Up in City

Article excerpt

AUCTIONS are proving to be the hot way to sell in Toowoomba, with PRD nationwide, Ray White Toowoomba and Ray White Toowoomba Range all having very successful auctions in the past week.

PRD nationwide principal Alexandra Lincoln to 13 Mayes St, East Toowoomba to auction on the weekend and sold the property under the hammer.

"There was spirited bidding which resulted in a successful sale under the hammer," she said.

"Interest in this property has been very high, due, of course, to the location, block size and the flexibility to rebuild.

"It was wonderful to see the home go to excited young buyers, and to hear their great plans for future renovations; we do wish them great success with it."

Ray White Toowoomba principal Lindsay Southwell said the agency's in-rooms auction, held on August 20, went brilliantly.

"Of the seven we took to auction, we sold three under the hammer with an additional three going under contract within 48 hours of the auction," Mr Southwell said. …

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