A regional Victoria church has drawn a flock of buyers and rewarded it’s owners for putting their faith in an auction.
While the former Uniting Church at 5 Barr St, Tungamah, had plenty of people interested online — just two groups had inspected it before auction day.
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Despite this, five bidders turned up to the auction, according to Elders Real Estate’s Rod Leslie.
The auction started with a $60,000 vendor bid shortly after a $20,000 low-ball offer was rejected. It was called on the market at $80,000, eventually selling at a 15 per cent premium.
“It sold better than expected at $92,500,” Mr Leslie said.
Bidders came from as far as Melbourne to pursue the unique property, but in the end it was a group of locals and a couple from Trentham who bought the church as a consortium.
“I think that they will convert it to a residence and it will be a lodge that they all share and use,” Mr Leslie said.
An hour away at 15-19 Anderson St, Undera, the former St Joseph’s Church, set on a 4000sq m, was unable to find a buyer at auction.
Youngs & Co agent Les Young said there were no bidders in the crowd of 60, but all the church pews sold for about $200 each in a clearing sale after the main event.
It’s now for private sale with a $165,000 reserve.
— with Jayitri Smiles