Sydney auction tipping: Double riverfront block Marrickville listing

A unique Marrickville property is expected to sell for over $1.4 million this weekend.

There’s a website, www.propertytycoon.com.au, where punters can guess what they think properties will sell for at their weekend auctions in Melbourne and Sydney. This season Property Observer readers have their own competition, which you can access here. The winner of the overall competition will win $1,000.

Michael Harris from Raine & Horne in Newtown will have a tricky time putting an accurate value on 32-34 Thornley Street, Marrickville (pictured below, given it is such a special property. The property sits on a double block of land that spans almost 1000 square metres and backs onto the Cooks River.

The five-bedroom home is comfortable now, but most buyers will look to throw some money at it down the track. Wine connoisseurs will be enticed by the large under house cellar that is big enough to be a tavern!

It was last transacted only three years ago when it sold for $1.35 million, and this time around it is expected to crack $1.4 million.