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Vendor Brings Fun Back to Auctions: Opens Reserve at $1

Loved up house hunters could get a bit more than roses and chocolates this Valentine’s Day. On 14th February a Sydney property owner will bring the fun back into buying property, break the barrier of ‘textbook auctions’, and open the reserve for his Blacktown home at just $1, a first in NSW.

Expected to be in high demand, the large four bedroom property at 230 Blacktown Road features two bathrooms and a tidy, open-plan kitchen with modern fittings. Sitting on a huge 576sqm block with a flat backyard, two car spaces and close to shops, parks and transport facilities, it’s an ideal family home or investment property.

Neil Tyagi, vendor of the property, says, “Buying a property should be fun. I wanted to do something different, and I’ve never heard of a property setting a $1 reserve. Sydney home buyers attend so many boring textbook auctions. I want the auction of my home to have a lively, exciting atmosphere that everyone will enjoy and remember – not just the lucky buyers on the day.”

This property will be auctioned by Starr Partners Fairfield. Director, Raj Bhandari is confident there will be no shortage of buyers on the day. “With a reserve of just $1, bidding on the day is likely to start out low and pick up quickly. We are confident with our marketing and sales strategies and know that there will be plenty of competition on the day to help the vendor achieve an optimum result,” says Raj.

The auction for 230 Blacktown Road, Blacktown will take place at 2pm on 14 February.

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