The Privacy Act 1998 regulates the collection and use, disclosure and maintenance of personal information collected by (Real Estate Agents) from people attending Open for Inspections.

It is a condition of entry that before entering this property you must give your name and current telephone number to the Agency’s representative. In addition, you also may give your email address.

This information is collected for the following reasons:

1. Security reasons

2. To allow us to call or email you after the open for inspection to establish your interest in the property and to inform you of other properties we have listed for sale that may suit your needs.

3. To send you information from time to time regarding the local property market.

4. To enable us to give feedback to the vendor regarding interest in the property. In this case only your surname or given name will be disclosed.

5. The information is used for internal purposes only and phone numbers and email addresses will NOT be disclosed to any other third party (except as in 3 above) without your written consent.

All personal information we collect is held electronically and in hard copy in our office in a secure manner. It will only be used for the purposes noted above and will not be disclosed to any third party or recipients in other countries without your written permission, unless required by law. However, we are not liable for any unauthorised access of this information.

If you do not wish to be contacted as part of our normal follow up procedures, please advise the Sales Consultant before leaving.

You have the right to view the information collected about you, the right to correct the information if it is not accurate, up to date or complete. Should you ask us to remove your information from our records we will do so securely.

-  A U C T I O N

H E R E  I S  W H A T  Y O U  S H O U L D  E X P E C T

F E E D B A C K
We will pass on all the feedback from the market and keep you posted at all times. Generally we will use the most consistent feedback received to determine the market value. Ultimately, setting the reserve at market value will most likely ensure competitive bidding once the bids reach the reserve. Remember the purpose of the inspections leading up to the auction day is to assess the feedback so that we may determine the reserve closer to the date.

Q U O T E D   G U I D E
We will quote a guide as discussed this guide will give us an indication of the interest at that price level. If the interest is high we have ask you to increase the guide. If the interest is low than we know the guide is presumably too high and an adjustment would need to be made early t o continue the momentum of the auction campaign.

O F F E R S   P R I O R
The preference is to run the property all the way to the auction date however, if we find that one purchaser is determined to secure the property prior to the day and is offering a figure well above the feedback, then we will advise accordingly.

V E N D O R   B I D
In the event that the bidding stalls, as a vendor we are allowed to exercise one vendor bid however, the preference is not to have to use this vendor bid and ensure that the guide is accurate, the reserve is in line with feedback and competitive bidding is present.

R E S E R V E   P R I C E
The reserve price is the figure that you agree to sell the property at should the bidding reach this figure. In our experience once the reserve price has been met usually if there is enough competition bidding will increase as the purchaser is now aware that the property will be sold. Note: once we have reached reserve the vendor has an obligation to sell the property. We will meet to set the reserve generally 3-4 days prior to the auction, as by that time we would of gathered all the market feedback and have enough information to accurately determine the market value.

O T H E R   A G E N T S
Some agents may still contact you to inform you about:

- Their 'own' developers that will pay more.
- That the marketing campaign is ‘wrong’.
- How your property is worth substantially more now.

They will usually pick a figure that is unlikely to eventuate, to stop you from making a sound judgment and ultimately hold out from selling, in order to use their services at a later date. This is evident with all listings. However, it is rare in the market as most agents are ethical, but the practice is not uncommon.

C R I T I C A L   S T A G E
As we approach the auction day it is important that we assess the buyer’s feedback from previous weeks and ensure the reserve is reflective of this feedback. It is critical that we get the reserve right as over shooting the reserve could be a determent to the sale. Most auctions fail purely because of a misalignment between feedback and vendor expectations. Our aim is to exceed your expectations however the process must be followed to do this.

R E L A T I O N S H I P
Our company will never force you or engage in pressure tactics, with the view to have you enter into a contract. We will ascertain the highest possible price, whilst working closely with you. Every move we do within the auction campaign must be aligned with the feedback we have received.

N E G O T I A T I O N
We will ask you for permission to dismiss offers on your behalf, if we feel the offer is:

1. Not serious; and
2. We can get more from the market.

Once we have exhausted our efforts, at that point we will inform you that we believe the highest price has been achieved and why, after which the decision will be yours to make.

We will extract the best possible result. It is obviously in all our best interest to ensure this happens.

Please leave it all to us, relax and let us do the work.

FAQs: https://l.ausrealty.com.au/t/5179d8

We have attached some further information in the following link which includes the following:

• Contract of Sale

• Privacy Act

• Photos

• Floor Plan

• Information about the area

• Details about the property

• Welcoming family home with a perfect blend of comfort and functionality, ideal for families seeking a versatile living experience in the heart of Picnic Point. Thoughtfully designed to cater to the needs of a growing family. Offering development potential STCA on 898sqm of land with a 16.5m frontage.

• Four generously sized bedrooms, including a master suite with a walk-in robe and ensuite, providing a private retreat. Modern near new granny flat at rear with two bedrooms & open plan living. While remaining additional bedrooms in the home are well-appointed with built-in wardrobes, offering plenty of storage and space for family members or guests

• Two well-appointed bathrooms, featuring modern fixtures and finishes. The main bathroom serves the family with ease, complemented by a master ensuite, offering practicality and style. All bathrooms are designed with functionality in mind, ensuring a comfortable experience for all residents

• Spacious kitchen at the heart of the home, equipped with modern appliances, ample storage, and a large benchtop. The kitchen is a chef’s delight, with everything within reach, making meal preparation a breeze. Its seamless connection to the dining and outdoor areas makes it perfect for both casual family dinners and large gatherings

• Open-plan living and dining areas bathed in natural light, offering a warm and inviting atmosphere for family gatherings. The living room is a comfortable space for relaxation, while the dining area provides pleasant views of the backyard, creating a perfect setting for both everyday meals and special occasions

• Large covered alfresco area, ideal for outdoor dining and entertaining. The backyard is well-maintained, offering plenty of space for children to play and for hosting gatherings with family and friends. This outdoor space is an extension of the home, providing a versatile area for relaxation and socialising

• Additional features include a near-new two-bedroom granny flat with modern bathroom, providing additional living space or potential rental income, air conditioning throughout the home, a solar system for energy efficiency, and a drive-through lock-up garage with ample space for vehicles and storage. The granny flat is a versatile addition, perfect for extended family, guests, or as a rental opportunity

• Prime location within the catchment & walking distance to Picnic Point Public School, local parks, shops, and public transport, offering the perfect balance of suburban tranquillity and convenience. This location is ideal for families, with everything you need just moments away, ensuring a lifestyle of ease and comfort