24.9°C 03:00 pm

Village auction draws interest from afar

Monday, 30th May, 2016

By Erica Visser

The auctioneer for the Shorty O’Neil Village says there’s been a range of interest in the sale, including from interstate corporations specialising in retirement living.

First National Broken Hill will conduct the auction on Wednesday following a resolution by City Council to sell the defunct village.

“We had a range of local interest and obviously corporate interest during our eight-week campaign,” said the real estate company’s principal, Zeta Bennett.

“The interest we have had has been positive so far. (The companies) are mainly involved with lifestyle villages, or leasing the property to an older person.”

The campaign included site inspections and promotion of the former aged care site online and through an information package. 

The single title for the site meant the units could not be sold to individual buyers but Ms Bennett was optimistic the village would sell on auction day.

“There will be a reserve price set on the day by Council in conjunction with us prior to the auction,” she said.

“If the sale’s not achieved on auction day obviously we’ll be consulting with Council to continue the process.

“It does happen sometimes that people don’t purchase under auction conditions.

“It was Council’s decision (to sell by auction) as they wanted to have a very transparent process.

“I thank Council for the opportunity and we are looking forward to achieving the result.”

The village has been cleared out and last week councillors voted to give away disused equipment such as electrical items including washing machines, clothes dryers, kettles and toasters.

The goods will be donated to Lifeline Broken Hill and will be sold at an auction planned for next month at the charity’s new workshop.

Lifeline CEO Scott Hammond said the money raised would go towards suicide prevention programs in the Far West.

Council decided to donate the items as the cost of selling them (including tests, engaging an auctioneer and staff time) would cost around $6000 and could result in an overall loss to Council.

© Copyright 2019 Barrier Daily Truth, All Rights Reserved. ABN: 38 684 603 658