A PIECE of Echuca’s history was sold for $810,000 on Saturday.
Charlotte’s Cottage, named after Henry Hopwood’s wife, was sold at auction by Charles L King Real Estate after a bidding war between four parties.
‘‘It was a great result and the number wasn’t surprising given its location in the Port area and the period home,’’ director and auctioneer Troy O’Brien said.
‘‘Despite the cold and windy morning the crowd came in great numbers and were entertained by four bidders battling it out for a piece of Echuca’s history.
‘‘Bidding commenced at $660,000 and after 25 minutes of great competitive bidding the property sold.
‘‘We have had 100 per cent strike rate with homes in that area and it is the most sought after area in Echuca.’’
The Connelly St home was built in 1871 and has been renovated and now features three bedrooms and has been running as a bed and breakfast for 10 years.
‘‘The previous owners had done a fantastic job of renovating and restoring the home and the result was a great reward for the lengths they went to,’’ Mr O’Brien said.
‘‘We had a lot of interest across a broad range of buyers throughout the campaign and the whole CLK team worked really hard to create the excitement around this unique property.
‘‘But most of all, it’s always an awesome feeling to have happy vendors and buyers on a Saturday afternoon.’’
Mr O’Brien said there was a mix of bidders interested in the property.
‘‘We had bidders from Shepparton and Melbourne as well as local bidders,’’ he said.
‘‘The buyers are from Melbourne and will use the house as their own holiday home as well as continuing it as a holiday rental.
‘‘But they also have other properties in Echuca so they might make it their own home one day.’’
The property is situated between the Murray and Campaspe Rivers on 900 square metres and boasts three bedrooms, three bathrooms, a study, two living spaces and a modern commercial kitchen.