Auction Event

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The Beginner’s Guide

to Auctions

Auction Checklist

In Room Auctions

Copacabana, 17 Koorabel Avenue

Daleys Point, 16 Daley Avenue

Green Point, 26 Panorama Terrace

Avoca Beach, 10/174 Avoca Drive

Toukley, 317 Main Road

Woy Woy, 122 Blackwall Road

Onsite Auctions

Macmasters Beach, 109 Damien Ave

Lisarow, 33 Excelsior Street

Fair Trading, Bidders Guide

One Agency

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So you’ve found your dream home and you want to make it yours – now! There’s just one hurdle, it’s up for auction. How do you prepare for this type of sale and how do you remain cool and calm on the day?

THE BEGINNER’S GUIDE TO AUCTIONS

here’s no denying it, for first home buyers especially, an auction can be exciting, stressful and maybe even a little terrifying if you don’t know what to expect. The good news is that with the right planning and helpful

guidance from a professional real estate agent such as One Agency, you can own your dream home and secure it at a price that matches your budget and it’s true value. Before you bid on a property you need to make sure you have completed all of the essential research and preparation. This includes undertaking building inspections, securing your finance and reading the contract for sale. You may even want to ask your conveyancer or solicitor to check over the contract. Do some exploring in the area in which you wish to buy. You may want to check out median house prices information or review the past sales results of properties in the vicinity to ensure you have a realistic purchase price in mind. When you plan to bid at the auction you need to register your details when you arrive. Ensure you arrive early on the day so you can take one last look around the property. You’ll also feel more relaxed and level headed if you have time to spare. Attending other auctions in the lead up to yours is also a great way to become accustomed to their pace and procedure. At the beginning of proceedings the auctioneer will describe the property and describe the contract. They will then begin taking bids. This is when the excitement really builds. Some buyers take along a friend or family member who bids for them if the task is a little daunting. As the auction unfolds don’t be afraid to bid strongly and confidently, letting others know you mean business. If you are successful at the auction you’ll be asked to sign the contracts and pay the deposit, so don’t forget your cheque book! Once that’s finalised, the only thing left to do is celebrate. You’ve jumped that last hurdle and bought yourself a home!

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Prior to Auction checklist

o Have your Solicitor/Conveyancer examine the sale contract

o Have pre-purchase pest & building inspections completed

o Have your finance arranged

o Have your 10% deposit ready

Pest & Building Inspections

Any pest & building inspections must be done in advance, at your cost, prior to

auction.

Finance

Your finances must be arranged prior to bidding and you must know the limit you

can go to. A 10% deposit is required at the fall of the hammer unless

permission to alter the percentage has been approved prior to bidding.

Reserve price

Before auctioning a property, the seller will nominate a reserve price which is

usually not told to the interested buyers.

The reserve price is the lowest price that the seller is willing to accept. If the bid

is below this price, the property will be ‘passed in’. The seller will then either try

and negotiate a price with interested bidders or put the property back on the

market. If the bidding continues beyond the reserve price, the property is sold at

the fall of the hammer.

How do I bid at the auction?

Simply attract the attention of the auctioneer by putting up your hand clearly

showing your registered bidders number.

If you are the successful bidder, you will be asked to pay the deposit and sign a

contract. If you are unsure what to do at the auction, please do not hesitate to

ask for help. We have a number of professional staff on hand who are happy to

provide advice to help you out.

The contract is unconditional and binding at the fall of the hammer.

There is no cooling off period. On the fall of the hammer, the property is yours

and insurance should be taken out immediately.

When intending on

bidding at Auction

there are a few

things that you

need to know.

AUCTION CHECKLIST

Settlement period

Settlement usually takes place about six weeks after contracts are exchanged,

unless otherwise stated on the Contract for Sale, or permission to alter conditions

has been approved in writing prior to bidding. This is when you become the legal

owner of the property. The balance of the purchase price and other adjustments

are paid on this date.

Can I buy before Auction?

Yes, auction properties are often sold prior. You simply submit a written offer via

the property agent. If the Vendor wishes to accept your offer, you must complete

a signed Contract for Sale and 66w. Your solicitor/conveyancer will advise you on

waiving your cooling off rights.

We are there to help you!

The One Agency team are specially trained to help you and answer any questions

that you may have about buying a property at auction. Please do not hesitate to

ask for assistance in advance by calling one of our offices, the agent directly on

their mobile, or please come and talk to us on the night.

IN-ROOM AUCTIONS

SUBURB ADDRESS ABOUT THE PROPERTY PRICE GUIDE

COPACABANA 17 Koorabel Avenue Impeccable three bedroom home,

contemporary design, large open plan

living. French doors leads to large

40sqm outdoor deck, tree lined yard,

inground pool, air conditioned.

Contact Agent

DALEYS POINT 16 Daley Avenue Completely renovated five bedroom

home and designed to capture the

magnificent water views across

Brisbane Waters. Sun drenched block

with direct access to water.

Over $780,000

GREEN POINT 26 Panorama Terrace Immaculate four bedroom home set

over two levels enjoying a glorious

outlook. Entertaining deck, rumpus

room, enclosed yard and located in a

family friend street.

Contact Agent

AVOCA BEACH 10/172 Avoca Drive Three bedroom security unit with sun

soaked terrace & spectacular ocean

views. Open plan living, updated

kitchen, pool in the complex, security

parking. Fully furnished and lift.

Contact Agent

TOUKLEY 317 Main Road Three commercial shops with solid

long term return and main road

exposure. 3x3x3 leases returning over

$60,000 per annum.

* Agent declares interest

Contact Agent

WOY WOY 122 Blackwall Road Sun drenched level 930sqm block, this

three bedroom home presents

exciting opportunity. 1940’s double

brick renovated cottage, rear lane

access and centrally located.

Contact Agent

6.00PM Breakers Country Club - 64 Dover Road, Wamberal

View online here

Copacabana Tropicana

Bedrooms 3

Bathrooms 1

Parking

Land size 664sqm

17 Koorabel Avenue, Copacabana

From the moment you walk in the front door, this impeccable

home simply says Welcome. Contemporary design, this 3 bed-

room home with large open plan living combines a spacious liv-

ing, kitchen & dining area for your comfort. Walkout through the

French doors opening onto the large 40sqm outdoor deck, ex-

posing a tree lined large backyard, boasting an inground salt

water pool. Beautifully presented, air conditioned, Ilve kitchen

appliances, landscaped entrance and side path, this home is

ready to move into immediately. This home is a must for your

viewing list.

Contact Stephen Rinaldo

0418 650 540

Office

4385 2004

View online here

Completely renovated throughout

with direct water front access

Bedrooms 5

Bathrooms 2

Parking 3

Land size 610sqm

16 Daleys Avenue, Daleys Point

Completely renovated and designed to capture the magnificent

water views across picturesque Brisbane Waters, this quality

built residence offers a fantastic lifestyle opportunity. It's set on

a sun drenched 610sqm block with direct access to the

waterfront and minutes to pristine beaches and Palm Beach

Ferry. Sun filled living and dining area with expansive water

views, brand new modern kitchen, beautiful Tasmanian oak

timber flooring throughout, slow combustion fire, master suite

with lavish ensuite and walk-in robe, separate study, large

umpus room downstairs leads outdoors to level back yard.

Auction 25th September, 6.00pm

Breakers Country Club

64 Dover Road, Wamberal

Viewing Saturday 12.30 - 1.00pm

Contact Matthew Kidd

0417 230 732

Office

4369 2268

View online here

Spacious family home with swimming

pool and Brisbane Water outlook

Bedrooms 4

Bathrooms 2

Parking 2

Land size 683sqm

26 Panorama Terrace, Green Point

This immaculately presented home is set over two levels and

enjoys a glorious outlook with both scenic bush and Brisbane

Water views. Located in a beautiful, family-friendly street and

featuring rear entertaining deck overlooking above ground

swimming pool, open plan kitchen, dining and living flowing on

to upper deck. Large rumpus room downstairs with wet bar

area, three bedrooms plus study come fourth bedroom upstairs,

master bedroom with ensuite, large family bathroom and ample

storage throughout, including large under house storage.

Enclosed rear yard, ideal for children and family pets.

Auction 25th September, 6.00pm

Breakers Country Club

64 Dover Road, Wamberal

Viewing Saturday 12.30 - 1.00pm

Contact Paula Taylor

0410 588 306

Office

4369 3386

View online here

Ambassador Blissful lifestyle

apartment with stunning views

Bedrooms 2

Bathrooms 2

Parking 1

10/172 Avoca Drive, Avoca Beach

Set in a prized third floor setting in the sought after Ambassador

Apartments, this impressive security apartment promises a life-

style most only dream about. Set above the cafes and restau-

rants and showcasing bright and spacious interior, generous

balcony with spectacular ocean views and is only metres from

fabulous surfing beach. Ample double bedrooms with built-ins

and en-suite Generous living space flows to sun soaked

oceanside terrace Updated kitchen with all new appliances and

glass splash backs To be sold fully furnished Covered security

parking, additional storage, lift access, secure unit & pool.

Auction 25th September, 6.00pm

Breakers Country Club

64 Dover Road, Wamberal

Viewing Saturday 12.00 - 12.30pm

Contact Tony Fitton

0412 786 754

Office

4385 2004

Main road exposure -

3 commercial shops

Shops 3

Bathrooms 2

Parking 7

Land size 450sqm approx.

317 Main Road, Toukley

A solid long term commercial investment consisting of three shops on one title. Each shop is currently leased to professional offices with 3 x 3 x 3 leases. Returning over $60,000+ p/a. Built of brick and iron construction, each shop has air-conditioning and has been fully renovated in the past 3 years. Two bathrooms at the rear are fully renovated. Situated on a main road corner position with car parking available for 7 cars. A tremendous opportunity for the astute investor to acquire a superannuation property or invest in your future with a great return.

* Agent declares interest.

Auction 25th September, 6.00pm

Breakers Country Club

64 Dover Road, Wamberal

Viewing By appointment

Contact Cathy Maxworthy

0415 450 197

Office

4396 8882

View online here

Newly renovated 1940’s cottage set

on enormous block

Bedrooms 3

Bathrooms 1

Parking 2

Land size 930sqm

122 Blackwall Road, Woy Woy

Set on a sun drenched, level, 930sqm block, this three-bedroom

home presents an exciting buying opportunity. Enjoy this

renovated, 1940s double brick cottage as is, or re-develop on

this sprawling land with rear lane access. Centrally located close

to all Woy Woy amenities and featuring: -Bamboo wooden

flooring and ducted air conditioning throughout , modern kitchen,

original Kosi fireplace in family room, double-glazed windows,

master bedroom with built in wardrobe, large rear entertaining

deck overlooking yard, covered with down lights, second under-

cover entertaining area or additional covered parking in rear.

Auction 25th September, 6.00pm

Breakers Country Club

64 Dover Road, Wamberal

Viewing Saturday 10.00 - 10.30am

Contact Paula Taylor

0410 588 306

Office

4369 3386

ONSITE AUCTIONS

SUBURB ADDRESS ABOUT THE PROPERTY PRICE GUIDE

MACMASTERS

BEACH

20th September

1.00pm

109 Damien Avenue Set on 2.5 peaceful acres, this solar

passive split level home offers ultimate

privacy. North east aspect and 2 minute

drive to Macmasters Beach.

Over $1,000,000

LISAROW

27th September

2.00pm

33 Excelsior Street First time offered to the market in over 15

years and spread over a sought-after and

extremely rare picturesque 2.5 acres, is

this distinguished & generously

proportioned family home.

Over $850,000

View online here

Private beachside acreage

Bedrooms 5

Bathrooms 3

Parking 2

Land size 2.5 acres

109 Damien Avenue, Macmasters Beach

Set on 2.5 peaceful acres, this solar passive split level home

offers ultimate privacy. The picturesque outlook over native

trees is complimented by a garden that is designed to entice the

prolific bird life. The house takes full advantage of its north east

aspect with deciduous trees allowing the sun to warm the interi-

or in winter and shade it in summer. Positioned just a short two

minute drive to beautiful MacMasters Beach, here is a truly rare

offering in this highly desirable location.

Auction 20th September, 1.00pm

Registration from 12.30pm

Onsite

Viewing Saturday 11.00 - 13.00am

Contact Matthew Kidd

0417 230 732

Office

4369 2268

View online here

Embrace the semi-rural lifestyle

with this immaculate family home

Bedrooms 5

Bathrooms 2

Parking 14

Land size 2.5 acres

33 Excelsior Street, Lisarow

First time offered to the market in over 15 years and spread over

an extremely rare picturesque 2.5 acres offering supreme peace

and privacy with resort-like entertaining this instantly impressive

residence offers a peaceful sanctuary for the growing or

extended family, featuring: 5 spacious bedrooms, main with

walk in robe and new ensuite, large modern bathroom, ensuite

with underfloor heating, large open plan living areas, modern

kitchen, ducted air conditioning + slow combustion fire, private

solar heated pool + kids play area with soft fall floor, post and

rail fencing with horse paddocks and 2 stables.

Auction 27th September, 2.00pm

Registration from 1.00pm

Onsite

Viewing Saturday 1.00 - 1.45pm

Contact Kylee Jones

0414 226 533

Office

4322 9856

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AVOCA BEACH, COPACABANA

KINCUMBER

4381 2004

ANITA CASE

TONY FITTON

STEPHEN RINALDO

GREEN POINT, SARATOGA

DAVISTOWN, ERINA

4369 3386

PAULA TAYLOR

SHARRON TUCKER

WAMBERAL, ERINA HEIGHTS

TERRIGAL, NORTH AVOCA

HOLGATE, MATCHAM

4385 2141

TRACY STEIN

JAMIE DOMAN

KARI LIGHTFOOT

NARARA, LISAROW

NIAGARA PARK

WYOMING, OURIMBAH

4322 9856

KYLEE JONES

ANTHONY CATALANO

BEN CHEVERALL

BIANCA FOREMAN

BENSVILLE, EMPIRE BAY

MACMASTERS BEACH

ST HUBERTS IS. DALEYS POINT

4369 2268

MATT KIDD

TIFFANY JACKSON

BERNAND POLS

SHELLY BEACH, NORAH HEAD

WARNERVALE, TOUKLEY

LAKE MUNMORAH

THE ENTRANCE

4396 8882

CATHY MAXWORTHY

ANTHONY CASTELLI