Sold: Extra $1000 gets Hobart bottle shop sale across the line
newscatcher
2023-08-04 21:35
Sold: Extra $1000 gets Hobart bottle shop sale across the line
The BWS bottle shop at No.3/124 Davey St, Hobart was sold under the hammer. Picture: Supplied THERE was a fair bit of joking about how $1000 bids ‘never work' at a commercial asset auction in Melbourne. But for a multimillion dollar Hobart property, it was a modest $1000 bid that sealed the deal. The home of a BWS bottle shop at No.3/124 Davey St was sold for $6.501m at Burgess Rawson's Portfolio Auction 162. Agents from Knight Frank and Burgess Rawson estimate a 6.05 per cent yield. A too-low bid attempted to get the auction underway, with auctioneer David Scholes suggesting the prospective purchaser 'double it'.

https://www.realcommercial.com.au/news/sold-extra-1000-gets-hobart-bottle-shop-sale-across-the-line

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