Ivanhoe Pigeon Club flies off shelf
Ivanhoe Pigeon Club’s final chapter has ended with a bang, with the headquarters of local avian-appreciators soaring beyond reserve at auction.
More than 100 people flocked to watch the much-loved club at 106 Waterdale Rd, Ivanhoe, sell for $767,000 under the hammer.
Six bidders helped the price fly $117,000 above the reserve, according to Miles Real Estate auctioneer Chris Macey.
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“The reserve was $650,000. $767,000 was far more than what we were expecting, Macey says.
The Ivanhoe Pigeon Club’s store room.
The pigeon club has occupied the 152sq m site for almost 70 years. It is expected to amalgamate with another club at a new location.
The building is owned by the Victorian Homing Association, which is understood to have as few as 120 pigeon enthusiasts on its books today.
The club also features a reception and office rooms.
CoreLogic showed Ivanhoe’s median house price grew 5.6% to $1,452,500 across the 12 months to December, 2017.
This article from Leader Newspapers first appeared as “Ivanhoe’s pigeon club snapped up by conversion lovers for a hefty premium”.
