Leah and Ash were the only contestants to walk away empty-handed after The Block’s explosive auction finale over the weekend, but it’s been confirmed the couple are only days away from inking a deal.
Agent Noel Susay of Buxton Hampton East told Domain his phone “blew up” on Sunday night after people watching the show called to put in offers on the house.
“It was crazy, there were so many calls,” he said. “I had people offering to buy it left, right and centre – I even had an offer of $3.6 million.”
But the majority of those “buyers” were not the real deal and Susay narrowed it down to two genuine buyers – a local business person and another identity who works in the finance world – and he took both of them through the property on Monday.
He confirmed he was still updating Frank Valentic, the buyer’s agent who made the one and only bid of $2.9 million during the auction before the couple opted to pass the property in. Because Valentic was the highest bidder before the property passed in, by law he has first rights to negotiate immediately after.
“We negotiated him up from $2.9 million to $3.05 million on the day. That’s the highest I’ve had from him,” Susay said.
“What that figure then did was give us a new base, so when these other buyers came in, they had to come in higher than that.”
Susay said he currently has two verbal offers on the table: one for $3.06 million and one for $3.1 million.
A sale price of $3.1 million would tie Leah and Ash for third place with Kyle and Lesley of House 1, whose property sold under the hammer during the finale for $3.1 million, netting them $130,000 profit.
Susay said Leah and Ash were still chasing $3.2 million – which would earn them $230,000 in winnings from the show – but added they have “had a reality check”.
“It’s hard for them only because they saw their neighbours walk away with $1 million, or $1.65 million,” he said. “You’d be dirty about that. But reality has sunk in, for sure.”
Leah and Ash’s house was the last to go to auction on the weekend, and although they had originally been devastated by the auction order, they told Domain it ended up working in their favour.
They could feel the disinterest in their property immediately, Leah said.
“It was $2.9 [million] and then it felt really slow,” she said. “You can see it in Danny’s face and you can also see it in Adrian’s face when they lose complete interest.”
Danny Wallis and Adrian Portelli both placed massive bids on Houses 4 and 5 but it was Portelli who walked away with both properties on the day, netting Steph and Gian the series win and $1.75 million, and Eliza and Liberty $1.05 million.
Neither Wallis nor Portelli placed a single bid on Leah and Ash’s house.
Wallis went home empty-handed and furious on the day, telling Domain reporters on his way out that Houses 4 and 5 sold for “too much”.
When asked why he didn’t push harder to win Houses 1, 2 or 3, he told Domain: “They’re junk.”
His sister, who’s stood next to him at every Block auction, wrangling his dog, added: “[They’re] high maintenance for investment properties, which is what we have to consider.”
Susay said the two verbal offers on Leah and Ash’s house were yet to be made in writing.
“They’re not on paper yet,” he said. “We’re waiting for feedback from their accountants because they’re both investors … but it feels like it’s quite close.
“The challenge we’ve set ourselves now is to net them the highest profit of the three smaller houses [Houses 1, 2 and 3]. So we just need to get above that $3.1 million. The game is still going for us. It’s a real campaign now, agents dealing with the buyers.”