Blocks sell at auction

AUCTIONEERS enjoyed a successful day on Saturday when they sold two rural properties.A 70-acre outpaddock on Heath Road, Cashmore, 20 kilometres west of Portland, was sold for $210,000.Nick Adamson, of Elders, said bidding opened at $190,000, rose to $200,000 with a vendor’s bid before being sold to a neighbouring farmer for $210,000 after a further advance.At Princetown, a Scotts Creek buyer snapped up a 14-acre block of land on Buruppa Road with Gellibrand River frontage.Auctioneer David Falk said the property was sold for $50,000 after spirited bidding from three parties.Mr Falk said bidding for the block opened at $30,000. He said bidding then rose in $5000 advances to $45,000 before a flurry of $1000 bids took it to the selling price.
HangZhou Night Net

This article first appeared in Hangzhou Night Net.