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BHR delivers 86% clearance in first In-Room Auction

Despite Sydney providing its wettest day in nearly 5 years, leading boutique agency BHR Group held their inaugural in-room auction at the Vibe Hotel Rushcutters on Thursday night.

In a packed auction room, director Ben Bickmore-Hutt welcomed the crowd to the newly merged agency’s first auction and was later thrilled when the team delivered a clearance rate of 86% selling six out of the seven properties submitted

Prior to the auction, Damien Bickmore-Hutt and Richie Eder sold the designer semi at 215 Darley Road, Randwick for $2.2milllion and Deny Bernardo set a building record at 322/47-49 Chippen Street, Chippendale selling a one-bedroom short-term student accommodation apartment for $293,880.

Leading the auction on the night was the top-floor two-bedroom apartment at 23/17-19 Gowrie Avenue, Bondi Junction marketed by BHR director, Daniel Baran. The spectacular city and harbour views saw four active buyers push the bidding to $1,175,000 – $225,000 over the reserve.

Following the Gowrie Street sale BHR continued delivering results for their clients with Deny Bernardo selling a studio apartment at 5/235 Darlinghurst Road, Darlinghurst under the hammer for $435,000 and Denise Cameron and Gillian Cameron selling a 3-bedroom unrenovated terrace at 17 Cascade Street, Paddington for $1,410,000.

The Cascade Street sale was the second sale of the day for Denise & Gillian who also exchanged 18/206 Victoria Road, Bellevue Hill for $630,000 an hour before its scheduled auction. The Victoria Road sale again set a building record for an unrenovated apartment.

Wrapping up the success of the evening director, Reece Coleman concluded that great results don’t just happen, they are created when agents truly work with and for their clients. Fellow director Vince Mollica concluded “when we created BHR our goal was to build on and expand the great customer service experience that our former agencies offered, tonight we demonstrated that – BHR Your Agency for Life is here”.

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