Cremorne Point $11.2 million sale tops Sydney's weekend auctions

Cremorne Point $11.2 million sale tops Sydney's weekend auctions
Cremorne Point $11.2 million sale tops Sydney's weekend auctions

There was an $11.2 million harbourfront reserve sale in Cremorne Point, topping out the weekend, and spring selling season, results.

It has views across Sydney Harbour to the Opera House.

Selling agent Ivan Resnekov, of Century 21 Mosman, said the Milson Rd home attracted six registered bidders who made 60-plus bids. Once the bidding got to $10 million, there were just the two remaining bidders.

Currently divided into two four-bedroom homes, Galada was listed by the 95-year-old former Royal Australian Air Force fighter pilot Arthur Pardey.

He was a member of 3 Squadron which flew Spitfires and Mustangs in the Italian campaign in World War II.

Mr Pardey and his late wife Adele bought the home on its 470 sqm block for $850,000 in 1987 on their move from Warrawee. The house was built at a £1100 cost by James Verrills after its design by architect Edwin Orchard for Elsie and James Adamson.

This article was first published in the Daily Telegraph.  

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Auctions Cremorne Point

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