Four bidders fought it out to secure this Teneriffe home on a very small block

first_img32 Small St, TeneriffeTENERIFFE once again proved to be an in-demand suburb for buyers four parties battling to secure a home at 32 Small St at auction.The home, had three bedrooms and was on a 204 sqm block of land. It was designed by renowned Architect Kevin Hayes.It was listed through Nicholas Given or Ray White New Farm.Auctioneer Haesley Cush said it was in a great street and described it as a contemporary little home.Three bidders were at the auction while another was on the telephone.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour agoNew apartments released at idyllic retirement community Samford Grove Presented by 32 Small St, TeneriffeBidding started at $1 million.“It went up in $100,000 rises and a buyer on the floor bid $1.35 million,’’ Mr Cush said.Bidding paused and came back on at $1.4 million, it then went to $1.45 million and was declared on the market with the phone bidder the successful buyer.“It was a good result,’’ Mr Cush said.“It is a good sign for the market, that is our third property to sell in that $1.4 million to $1.5 million price range in the last 60 days on that 200 sqm size allotment,’’ he said“There is a lot of interest coming from people looking for low maintenance contemporary lifestyle.’’last_img

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