McGrath last night sold another ten historic Millers Point terraces for a better-than-expected total of $33,805,000.
McGrath Estate Agents last night sold another ten historic terrace homes in Millers Point for a total $33,805,000.
Another four Millers Point terrace homes will go to auction through McGrath on 13 July.
McGrath Edgecliff sales agent, Richard Shalhoub, said the campaign has had a 100% success rate.
"We have now sold 41 homes achieving over $120.6 million with very few remaining in this tranche of terrace properties. The continued buyer interest was reflected in last night’s results. The strength of the prices achieved were above expectations and driven by competitive bidding as a handful of these rare properties remain," he said.
The majority of buyers were locals who work in the CBD and inner-city areas.
The auction results were as follows:
- 27 Windmill Street: 3 bedroom terrace, sold for $1,815,000
- 19 Windmill Street: 3 bedroom terrace, sold for $1,910,000
- 22 Merriman Street: 1 bedroom terrace, sold for $2,210,000
- 123 Kent Street: 4 bedroom terrace, sold $2,500,000
- 81 Kent Street: 6 bedroom terrace, sold $3,320,000
- 20 Merriman Street: 3 bedroom terrace, sold $3,700,000
- 75 Kent Street: 6 bedroom terrace, sold for $3,775,000
- 9 Dalgety Road: 3 bedroom terrace, sold $4,175,000
- 5 Lower Fort Street: 5 bedroom terrace, sold $4,675,000
- 7 Dalgety Road: 6 bedroom terrace, sold for $5,725,000
See also:
Government puts social housing ahead of Sirius preservation