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Eager househunters push Henley Beach property’s sale price $320k above reserve at auction



The Henley Beach house at 126 East Terrace sold for $1.75 million under the hammer at the weekend. Pic:

A dated Henley Beach home that is set to be bulldozed to make way for another house has sold for more than $300,000 above reserve at auction.

The property at 126 East Terrace was snapped up for $1.75 million under the hammer at the weekend – well above its $1.43 million expectation.

Selling agent Jae Curtis, of Ray White Henley Beach, said a local family outbid several other competitive bidders to secure the 956sqm property and planned to knock the existing house down so they could build their dream home.

Its sale price was $320,000 above reserve. Pic:

A local family purchased it with the…

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