A two-bedroom property in Watson will go under the hammer on Wednesday evening, but there’s something extra special about this auction – it offers buyers a unique opportunity to purchase a home and get behind not one great cause, but three.
“The proceeds will be evenly split between the charities, as the original owners requested,” said listing agent Andrew Browne of LJ Hooker Dickson.
The owners, a couple, bequeathed the property to an executor a few years ago, Mr Browne said.
“They identified three charities they were personally connected to,” Mr Browne said.
“When my co-listing partner Andrew Grenfell and I told the charities they were beneficiaries of the estate, they were in tears.”
According to government records, the sellers purchased the property in 1999 for $129,950. Since their passing, the property has been leased out.
Mr Browne and Mr Grenfell have known the former owners for a number of years, helping lease out the property, so to be able to help with this sale “hits very close to home”.
“Many of us in the office have felt the effects of these charities’ work,” Mr Grenfell said.
“It is a proud moment to see a transaction like this happen knowing that the funds will be used to provide care and assistance to those who need it.”
The property has a price guide of $345,000-plus, which Mr Browne described as “affordable and realistic”.
“The executor of the property had set a very reasonable price so they could donate the money to the charities as soon as possible,” he added.
Mr Grenfell noted any type of buyer would be suited to this home, whether it is used as an investment property, a first-home buyer’s residence or for downsizers.
“[It’s for people] looking for easy living or a healthy investment,” he said.
Features of the apartment include separate living areas and front and rear balconies. Located in the Karelia Park complex, residents also enjoy a shared pool, tennis court and barbecue area.
Mr Browne said the campaign for the apartment had been relatively busy and expected the house to sell at the fall of the hammer, with the highest bidder walking away with the keys.