12 Jannali Road Goes to Auction
Dubbo’s 12 Jannali Road passed in at an auction in Sydney this month
NEGOTIATIONS UNDER WAY: The property at 12 Jannali Road Dubbo is the subject of negotiations with prospective buyers from Australia, overseas and Dubbo
Negotiations are under way with “several” prospective buyers of 12 Jannali Road.
The Dubbo property failed to sell at auction earlier this month. Burgess Rawson and Transact Property Group are marketing 12 Jannali Road, owned by brothers Jerome and Damian Meehan.
Transact Property Group associate director Daniel Cullinane, nephew of the property’s owners, has reported of “pretty strong conditional interest” at the auction which did not draw a bid.
“There were more people there who wanted a due diligence period or finance period…rather than coming in and paying cash,” he said.
The agent said he was currently negotiating with prospective buyers in Australia, overseas and Dubbo.
The property has a price tag of up to $3 million in a market which the agent calls “as strong as it has ever been”.
