40 Station Street, Petersham is a gothic Victorian style home with three bedrooms and two bathrooms. A little slice of Petersham history sold under the hammer on Saturday in a spirited bidding battle that could signal the start of a market upturn. A crowd of around 70 gathered on the street corner where bidding for 40 Station Street opened at the guide price of $1.9m. The bids and banter started rolling in over the next 20 minutes as the other bidders fell away and left just two to fight their way above the $2m reserve price. MORE: ‘Strong interest’ in $55m abandoned mansion site The main living room leads into the kitchen and outside past a separate small study and laundry. MORE: Aussie billionaire’s Indiana Jones ‘heist’ yacht for sale for $160m Over the course of a total 34 bids, both bidders were well considered in their counter offers but distinct personalities emerged from the pair. Winning bidder, Louis Adriaenssens got a few chuckles from the crowd with what became his trademark saying of, “you know the story, we need more time to think.” The underbidder claimed he was out of the race four separate times. The underbidder of 40 Station Street was beaten by only $6,000. Pictu...
Historic Petersham station master home sells for $2.311m after fierce auction battle
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