[ad_1]
Two losing teams from the finale of The Block: Tree Change are desperately seeking to find buyers for their properties after failing to sell in Sunday night’s finale, as they slammed the winning team over auction tactics.
Omar Slaimankhel & Ozman ‘Oz’ Abu Malik were crowned the winners, selling their property for $5,666,666 and taking home a record breaking $1.6million in prize money.
The Sydney-based best friends made the largest sum of all five Block houses, far exceeding the $4.08million reserve.
The finale of The Block: Tree Change on Sunday night saw one team walk away with record winnings, but two others empty handed. Omar Slaimankhel & Ozman ‘Oz’ Abu Malik (pictured) were crowned the winners, selling their property for $5,666,666 and taking home a record breaking $1.6million
But there was also heartache, with two couples, Ankur and Sharon, and Dylan and Jenny, failing to sell their homes at auction.
Their properties were passed in when they failed to attract a bidder over their $4.08 million reserve price – with both attracting a highest bid of $4,075,000.
The couples continued to negotiate with their highest bidders after filming.
But there was also heartache, with two couples, Ankur and Sharon (pictured), and Dylan and Jenny, failing to sell their homes at auction
Their properties were passed in when they failed to attract a bidder over their $4.08 million reserve price – with both attracting a highest bid of $4,075,000
It’s the first time that a Block property has failed to sell at auction.
Back in Season Four in 2011, houses created by Josh and Jenna, and Rod and Tania, in Cameron Street, Richmond (Vic) were passed in.
‘It was a bittersweet day. We had one incredible high and some crushing lows for our Blockheads, who all worked the hardest I’ve ever seen to deliver these houses,’ host Scott Cam said on Sunday evening.
The couples continued to negotiate with their highest bidders after filming. Pictured are Dylan and Jenny
Ankur and Sharon, and Dylan and Jenny, are still open to offers to buy their homes
‘As we’ve seen many times before, we’ll continue to negotiate with interested buyers to sell these homes, which are still on the market. I’m gunning for a positive result.’
Speaking about the shock results, The Block co-creator and Executive Producer, Julian Cress, said: ‘We’re in a very volatile real estate market and we’ve seen large and unexpected interest rate increases, including one just this week.
‘While we had many registered bidders, clearly something has spooked the market.
It’s the first time that a Block property has failed to sell at auction. Back in Season Four in 2011, houses created by Josh and Jenna, and Rod and Tania, in Cameron Street, Richmond (Vic) were passed in. Pictured: Sarah-Jane and Jenny
‘But we believe the properties are of incredible value and we think they will find new owners very soon, to deliver a well-deserved reward for our contestants’ hard work.’
There was also disappointment for Blockheads Tom and Sarah-Jane who came in third but earned the lowest profit on the show since 2014.
They chose to go second in the auction order, but their home only sold for $4,100,000.99.
Coming in second at auction were Rachel & Ryan Carr, who negotiated to sell their home for $4,250,000 – making a profit of $169,000. Both pictured
That was just $20,000.99 above their $4.08 million reserve price.
‘It wasn’t in our future,’ Sarah-Jane wept when the pair got their result, adding that the pair had suffered a ‘massive loss’ as they had taken time off work.
‘Ultimate high with the boys and now ultimate low. I didn’t expect to make a load of money, but I didn’t expect to come out at a massive loss too,’ Sarah-Jane said.
‘It’s the way the cookie crumbles. I can’t change it. Just go to roll with it.’
The couple told Daily Mail Australia they will be putting the profits away for a rainy day. ‘We’re not spending the money. This is going straight back into our savings,’ said Rachel
Scott tried to comfort the clearly upset pair, saying: ‘I just feel crushed without you… You didn’t deserve that. We deserved a lot more. I don’t know what’s going on’.
Coming in second at auction were Rachel and Ryan Carr, who negotiated to sell their home for $4,250,000 – making a profit of $169,000.
The couple told Daily Mail Australia they will be putting the profits away for a rainy day.
Fan favourites Tom and Sarah-Jane came in third but didn’t bring in big bucks. Both pictured
‘This is recouping what it cost for us to be here,’ Ryan said.
‘We’re not spending the money. This is going straight back into our savings,’ added Rachel.
Omar and Oz’s millionaire friend got into a bidding war with IT entrepreneur Danny Wallis on the night.
‘It wasn’t in our future,’ Sarah-Jane wept when the pair got their result, adding that the pair had suffered a ‘massive loss’ as they had taken time off work
Wallis, who has purchased eight Block properties over the years and spent a total of almost $30 million, didn’t want to let their home go, increasing his bid until he won.
‘It put a massive smile on our faces,’ Oz told Daily Mail Australia after their win.
However, Omar and Oz’s co-star Jenny Heath claimed the pair wouldn’t have won if their friend didn’t bid on the day.
‘They’ve been hanging out with that guy the past couple of weeks. We know the game they were playing,’ she said.
Omar and Oz’s stunning house is pictured
‘It put a massive smile on our faces,’ Oz told Daily Mail Australia after their win
Omar and Oz created a five bedroom, three-bedroom property with one of the biggest draw cards being its resort-style amenities include a solar heated pool.
The property also featured and a full-sized multifunctional court for tennis, basketball, or soccer.
A Caesar stone waterfall benchtop and splash back, wine fridge, and serving bar are all spectacular features in the kitchen.
A Caesar stone waterfall benchtop and splash back, wine fridge, and serving bar are all spectacular features in Omar and Oz’s kitchen
Omar and Oz could barely contains their smiles as they posed with host Scott Cam
Their dining and living space also showcases towering ceilings with exposed timber beams and concrete flooring.
‘We’re absolutely stoked that we took out the win this year – we had a plan and stuck to it,’ said Oz.
‘It is a competition, but seeing each team come in after us and not getting the results that they wanted really hurt.’
‘It took a while to sink in, but it felt amazing to get a win after the hard work we put in. But it’s very hard seeing others obviously not doing so well,’ added Omar.
Fellow co-stars weren’t impressed with Omar and Oz’s win after their millionaire friends got into a bidding war with IT entrepreneur Danny Wallis (left)
[ad_2]
Source link
