THE former site of the St John’s Presbyterian bowls club is on the market for $750,000 after failing to sell at auction.
The vacant land with elevated city views on Princess Street opened on a vendor’s bid of $650,000 before being passed in.
Brian O’Halloran and Co. agent Brian Hancock said there was a lot of interest with more than 120 people at the auction.
An adjacent sandstone cottage was opened on a vendor bid of $290,000 before being passed in.
Mr Hancock said the cottage sold for $325,000 after the auction.
A brick home on 0.72 hectares (1.8 acres) sold in Koroit for $280,000.
Peter Worden, from SKB Real Estate, said about 20-30 people attended the auction and bidding started slowly at $250,000 before rising to the final price.
A vacant block in York Street, Camperdown sold for $87,000, with bids rising from $50,000.
James H. Monk Real Estate agent Kevin Gleeson said the vendors were very happy with the price.