Historic cottage goes for just $200k

AN historic Grafton cottage on a quarter acre block was sold under the hammer on Saturday for just $200,000 by Bailey and Gough.

The home at 46 Clarence Street, Grafton was owned by the family of police Sgt Dobbie who was killed while on duty at Ulmarra.

The Ulmarra community raised the funds to build the home after his death in 1917.

The last residents of the home were Percy and Jess See.

While a crowd of more than 100 attended the auction only two put up their hands to bid.

The opening bid of $190,000 was followed by a bid of $195,000, and then $197,500 before the final winning bid was placed at $200,000.

The reason for the big crowd was no doubt due to the chattels auction which followed where items from the house raised almost $10,000.

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