Connect with us

Local News

Potts Point studio apartment sells for $735k at auction with four bidders



This Potts Point apartment sold for $735,000.

The Chimes, Potts Point redevelopment proposal is getting seriously pricey, with the aspiring developers of the dated Potts Point apartment block site showing their hand at a midweek ­deceased estate auction.

Tim Price’s Time & Place was forced to pay $735,000 for a 38sqm seventh floor studio auctioned by Laing Real Estate’s Vicki Laing.

Not even a lengthy lift breakdown during the marketing period deterred competitive interest from four bidders.

MORE: Actor Krew Boylan buys in Bronte after leaving NYC

Sydney Swans coach reveals new digs

The view from the seventh floor.

Auctioneer David Scholes announced it on the market at around $600,000.

The priciest previous sale, with Opera…

Click here to view the original article.

Continue Reading

You might also like ...

It was a weekend of mixed results for our Griffith FC youth squads against Belco…
Congratulations to Dione Howard who has been named the 2021 Rural Achiever this…