Marathon Clayton South auction took longer than feature films Toy Story, Ice Age: sold for $132,000 bonus

18 Mallawa St, Clayton South - for herald sun real estate

18 Mallawa St, Clayton South, took a whopping hour and 26 minutes to sell.

A marathon Melbourne auction that took longer than classic kids flicks Ice Age and Disney’s 1991 version of Beauty and the Beast, has ended with a $132,000 bonus for the vendors.

And the lengthy sale emerged despite all of the would-be buyers planning to bulldoze the property.

The sale for 18 Mallawala St, Clayton South, started at 1pm, but ran so long Ray White auctioneer Jonathan Eaves had to be replaced at another sale he was due to call later in the afternoon.

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An opening bid around the $850,000 mark was followed by $20,000 and $10,000 rises through to the $1m mark, when it slowed to $1000 increments.

The home had a $900,000-$990,000 asking price and was on the market at the top of that range.

But the four bidders who contested the home had other ideas, with the auction finally concluding at $1.122m at 2.26pm — a whopping hour and 26 minutes after it started.

It worked out to about $13,000 a minute,

That would have been enough time for Mr Eaves to take in the entirety of kids favourite Toy Story, or cult horror flick The Texas Chainsaw Massacre.

The Clayton South home might soon be getting a visit from a man with a chainsaw … or a bulldozer.

While dated, many of the home’s rooms were still comfortable spaces today.

Most of the home’s final $120,000 in bids were made in $1000 or $500 increments, with a handful of $5000 and $10,000 knock out offers attempted, unsuccessfully.

“But the speed was snail pace,” Mr Eaves said.

“I’d get to the third call before they threw in a bid, or I’d have to threaten to sell to get that next one.”

The buyers of the dated family home are understood to be considering replacing it with a new build, while other bidders had been considering townhouses.

But the current owners were “over the moon” with the final sale price.

“They had popped the champagne once it was on the market,” Mr Eaves said.

“But they almost would have needed an Uber eats delivery halfway through.”

Four buyers contested the home, it is understood none had plans to keep the residence intact

While he could have watched the movie Toy Story in the time it took to call the auction, Mr Eaves wished he’d had a rocket to get him to the next auction.

The agent said he’d only ever had to ask another auctioneer to step in for him on two occasions, both during the pandemic while doing online auctions from his living room.

“Most auctions go 15 minutes, up to 45 minutes on a really long one,” Mr Eaves said.

“But I wish I’d had Buzz Light Year’s rocket to get me to the next auction.”

While he did make it to the other auction, taken over by Ray White chief auctioneer Jeremy Tyrell who had happened to be nearby, he joined the agents assisting bidders instead of calling the sale — with that home also knocked down under the hammer.

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