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Fenwick House sells for a staggering amount at auction


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A historic piece of Ballina real estate has been snapped up for an enormous sum over the weekend.
The 135-year-old Fenwick House has been sold for $3.78 million at auction over the weekend to one lucky buyer.
Damien Smith, from Ray White Byron Bay, said the sale was a terrific result and a potential record for the area.
The auction itself had three registered bidders and we ended up successfully negotiating with one of those bidders a sale … which I believe is a record for Ballina for a house, he said.
That s a great result, it s been a good campaign with lots of interest and obviously not many mansions come up that you can legitimately call mansions. ....

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Historical Ballina property to go under the hammer


There s interest around, he said.
I believe we ll have bidders on the day.
There s been a lot of interest for a lot of different people.
While he wouldn t be drawn on the hopeful buyer s potential uses for the site, Mr Smith said they were varied.
It may well sell under the hammer on Saturday, he said.
It s been a very good campaign.
While COVID-19 restrictions mean there are still limits on gatherings, he said the spacious mansion would have no issues for social distancing.
There s plenty of space so social distancing can be adhered to, he said.
Obviously we re in a good part of the world in regards to COVID cases, as in (we have) none. ....

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Historic Ballina home aimed at someone of 'high net worth'


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Given his usual patch, real estate agent Damien Smith has seen plenty of stunning homes in his time.
But few things could compare to the grandeur and the prestige attached to the history of Fenwick House in East Ballina.
But those hoping to nab this piece of Ballina s history will need to have some cash behind them.
I think we re probably looking for people with high net worth, to be honest, Mr Smith said.
A lot of high net worth individuals are buying trophy homes … or a place near the ocean.
He said the potential buyer could also be a group of people with plans for the site. ....

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