Wednesday, 28 September 2011

FIRST BIG AUCTION LOSS - THE RENOVATORS TV SHOW"

FIRST BIG AUCTION LOSS - THE RENOVATORS TV SHOW"
146 Addison Road, Marrickville NSW 2204
link
http://www.domain.com.au/Property/For-Sale/House/NSW/Marrickville/?adid=2009218216




I went along to the auction last night.
there were about 50 people and about 6 bidders.
BUT SHOCK the other 5 bidders were protestors for the "NO GAS MINE"

Opening bid was $700 000. Some guy bid that.
What an idiot, he could have got it for $600 or $650. Why? Because there were no other bidders.
He just yells it out. good way to lose $50k
try starting $650k
The second bid was a NO GAS protest sign from about 5 protesters saying NO coal seam GAS mine for that area. link http://www.nogasmininginsydney.com/
It was pretty funny , they left after that, but what an appearance.
They will be at St Peters

5 Frederick Street, St Peters, NSW 2044

because that is Right next door to the proposed Gas Mine.
So watch out TV CREW.

BIG NEWS was at $600 000, buy and $150 000 reno plus stamp duty etc.
That is $750 000 plus. It sold for $700 000 , so that is a big loss...
The should have spent $60 000 max....
Oh well great show and great effort. My favourite is St Peters Property,
http://www.domain.com.au/Property/For-Sale/House/NSW/St-Peters/?adid=2009218841
I went and had a look, AMAZING>>>>>

many of my blogs are just what I have come across and put together to direct you to relevant articles
another blog that is worth looking at is www.propertyobserver.com.au