Lucky Winners of the Land Ballot

June 24, 2018

On Saturday 2 June Waterford Rise held a ballot for the sale of four of its largest blocks.

This unusual sales method was selected after very strong interest in the four blocks that ranged in size from 1125 sqm to 1756 sqm.

The Sunnybrook Avenue location, close to the wetlands and in a quiet pocket of the estate, attracted 20 expressions of interest and 8 registrants.

Each of the bidders was given a number and the numbers were placed into a barrel and drawn at random by Oliver Hume’s Ryan Davis. The successful buyers at the ballot paid from $290,000 to $340,000 for the lots.

Waterford Rise spokesman Mr Glenn Sanford said  the decision to hold the ballot was a fair way for  everybody interested to have a chance to purchase such a rare offering.

“It is unusual for an estate like Waterford Rise to have such large lots and we knew quite a lot of people had  been asking for the lots that are double the size of  our average lot.

“Once we found out the level of demand was so high we thought it was only fair that everybody had the  same chance to secure their coveted lot,” he said.

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