The 426 Crisp Street address received a bid of $750,000 from one of multiple assembled registered bidders before being passed in on a vendor bid of $800,000 at the auction conducted by agents Chapman, Gould & May.

But in subsequent negotiations the property was sold to a buyer from outside Albury for a higher, but undisclosed price.

"All parties are very happy," auctioneer Grahame Gould said.

"There is no doubt the market is still in very good condition.

"There are still a lot of buyers out there looking for properties."

The next door property, a two bedroom townhouse, sold last month for $760,000.

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Dr Arne Westman opened his dentist practice at the Crisp Street address in 1982 before selling the business to Dr Denver Maloney nine years ago.

Dr Westman, who continued working at the practice on a casual basis post the sale, died in 2019.

The red brick building has been returned to a residential property and includes a fully contained upstairs area featuring two bedrooms, bathroom, kitchen and loungeroom.

It is ideally positioned to the nearby Scots School, Harris Farms-Amart shopping centre, Astor Hotel and easy access to the Albury CBD.

A former doctor's clinic in Griffith Road, Lavington, was also passed in at an auction held on Friday.

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