Larry the Lobster fails to sell at auction in Adelaide

A 17-metre high Lobster has failed to reel in a single bidder at auction.

Larry the Lobster was up for auction in Kingston, South Australia on Friday, with hopes of selling for about $300,000.

Despite national attention Australia’s largest Lobster and adjoining restaurant and function centre did not receive any bids.

Australia’s Iconic ‘Larry the Big Lobster’ failed to reel in a single bidder at auction on Friday 

Despite national attention Australia's largest Lobster and adjoining restaurant and function centre did not receive any bids

Despite national attention Australia’s largest Lobster and adjoining restaurant and function centre did not receive any bids

Larry the Lobster was up for auction in Kingston, South Australia on Friday, with hopes of selling for about $300,000

Larry the Lobster was up for auction in Kingston, South Australia on Friday, with hopes of selling for about $300,000

Auctioneer Ben Treloar set a vendor bid of $300,000 but the crowd remained silent

Auctioneer Ben Treloar set a vendor bid of $300,000 but the crowd remained silent

Auctioneer Ben Treloar set a vendor bid of $300,000 but the crowd remained silent.

He said despite the poor performance at auction there were two prospective buyers with the sale price of $369,000.

Mr Treloar hopes Larry will be sold within a week.

‘The two perspective parties are from New South Wales and Victoria and they both saw the business through the national exposure,’ he told The Advertiser.

‘Both plan to move to Kingston (if successful) because they can see the potential of being on the highway with the number of people that stop to photograph Larry.

‘Kingston is a magnificent part of the world, it’s clean, green, pristine with good fishing and wineries close by.’

Larry was built in 1979 and recently underwent a $50,000 refurbishment.

It’s considered a major attraction on Australia’s list of ‘big things.’ 

Larry the Lobster (and adjoining fucntion centre) couldn't reel in a single bid at auction

Larry the Lobster (and adjoining fucntion centre) couldn’t reel in a single bid at auction

 The 4500 square metre property is located on the Princes Highway

 The 4500 square metre property is located on the Princes Highway

Larry was built in 1979 and recently underwent a $50,000 refurbishment

Larry was built in 1979 and recently underwent a $50,000 refurbishment

Larry is considered a major attraction on Australia's list of 'big things'

Larry is considered a major attraction on Australia’s list of ‘big things’

 

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