article_snippet: A World War I-era cottage went under the hammer for $1.2 million on Tuesday.
article_snippet: The bidding, which was directed by Damien Cooley, was left to three builders, who would seemingly have had an advantage in refurbishing the Victorian workers' cottage, reports Property Observer.
article_snippet: three builders, who would seemingly have had an advantage in refurbishing the Victorian workers' cottage could embark on the necessary restoration for about $400,000, a job which would cost double that for non-builders.
article_snippet: Mr Cooley was reportedly reluctant to accept the $900,000 opening bid, and the property is believed to have garnered an over $1 million price tag.
highlights_snippet: The two-bedroom cottage goes on auction on the 17th of March .