4
3
8
6
7
1
5
7
2
4
3
8
6
7
1
5
7
2
,

Drummoyne Avenue, Drummoyne, NSW

November 2023

Price: $2,031,000Post-auction222
SIMON COHEN

SIMON COHEN

FOUNDER & CEO
TOM PENFOLD

TOM PENFOLD

SENIOR BUYERS AGENT

In the vibrant neighbourhood of Drummoyne, Simon Cohen and Tom Penfold recently purchased this 2-bedroom unit post-auction for $2,031,000, well below the original asking price.

Despite challenging pre-auction negotiations due to the vendor’s price expectations, our strategic approach enabled our client to secure their dream home.

Simon and Tom advised their client to be patient and allow the property to go to auction, which resulted in the property passing in. Through Simon and Tom’s strategic post-auction negotiations, they ultimately secured the property for a much lower price than the vendor initially expected.