38 Johnstone St, Malvern, sold for $1.82 million under the hammer.
RETIRED Saint Leigh Montagna is still kicking goals.
The former AFL star and two time All Australian notched 287 appearances for St Kilda Football Club.
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Yesterday his first disposal in Melbourne’s other great sport, the auction market, attracted a smaller crowd than he might have been used to — about 50 — and two keen bidders.
The three-bedroom weatherboard at 28 Johnstone St, Malvern, had a $1.6 million vendor bid for an opening bounce, before a frenetic contest between two bidders kicked off.
The home had been renovated and extended by the former AFL player.
Rapid-fire $10,000 bids quickly carried the home to $1.82 million before Kay & Burton director and auctioneer Gowan Stubbings took a halftime break to check-in with Montagna.
The home was put on the market when he re-emerged and sold without any further bids for $1.82 million— well above the $1.76 million top of the advertised range.
Montagna said he was happy with the result.
Leigh Montagna played in the St Kilda VS Collingwood AFL Grand Final and its replay. Picture: Wayne Ludbey
“Especially the way the market is, it’s a good result,” he said.
“It was my first investment back in 2005. It was renovated to live in and we were thinking we would live here. It’s my first success post-retirement.”
Mr Stubbings said the auction’s fast pace had proven there are still keen buyers in the market.
“There are still people who want to fight for a home,” he said. “
What you saw today was two people go for it, and they intimidated some other people who were here. And that’s the way to buy property.”
The home’s interior spaces offer comfortable and bright accommodation.
Buyer Dean Millhouse said he was thrilled with the purchase.
“It’s ready-made to move into and we have a young family with two young kids, so we’re thrilled,” Mr Millhouse said.
The Hawthorn supporter said he knows Montagna through friends and it had been a particularly happy purchase.
Kay & Burton’s Darren Lewenberg was the listing agent and said the result showed the right properties were still snaring strong results.
“Although we’re very happy with the result, it’s no exception to the rule,” Mr Lewenberg said.