How to Avoid Overpaying for a Property Like This | WHAT DO YOU THINK, CHRIS? | Episode 73

It Sold at auction for $1,710,000 and the guide was $1.3m… we DIDN’T BUY IT

Clear sign of FOMO in this market which is heating up

Original north-east facing apartment with oval to ocean views

Just steps from the shores of Coogee Beach, this three bedroom apartment captures stunning ocean and headland views from its elevated setting. Offered for the first time in 38 years, it presents in neat original condition throughout with scope to enhance. From its boutique and tightly held block the apartment is placed only a short stroll to a supermarket, shops, transport, vibrant cafes, the coastal walk and Coogee Pavilion.

Only one minor common wall, awash of northern light and sea breezes
Wraparound north-east balcony with views to Coogee Oval and the ocean
Spacious layout with zoned lounge/dining areas, neat separate kitchen

Full size internal laundry, tidy bathroom includes a bath, separate WC

Block of six with garden and intercom, large garage includes storage

It was in very poor condition with a kitchen that was done about 20 years ago and the rest was original- it went well over the guide and expectations and is a clear sign of FOMO in this market which is heating up

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