Highest Land Auction Ever Held in Australia at Mt Hotham
This September, Castran H. Real Estate will break records holding the highest freehold land auction in Australian history. The auction will be a once in a lifetime opportunity for individuals to own prime land in the picturesque alpine village of Mount Hotham, sitting at 1750m high.
John Castran, Managing Director of Castran Real Estate explains, “It (Mount Hotham) is the only mountain in Australia where you can buy vacant allotments and the only place in the southern hemisphere that you can buy freehold at this altitude.”
He goes on to say, “This is the largest auction ever held of freehold and leasehold land in history and they are going to be the most affordable blocks ever sold.”
“Reserves start at $100,000 and with an extended 12-month settlement this should be a bonanza for individuals and families wanting to take advantage of buying in this premier location.”
Currently owned by Mount Hotham Skiing Company, on offer will be 21 Freehold and Leasehold vacant land allotments making this the most significant land auction ever held across the Australian Alps.
The auction will be held at The Olsen (637 Chapel St, South Yarra), Thursday September 7th at 12pm.