Apartment block in Millers Point sells for $26 million

Apartment block in Millers Point sells for $26 million
Apartment block in Millers Point sells for $26 million

Property NSW, on behalf of Family and Community Services, has sold the historic Workers Dwellings in Millers Point for $26 million.

Located between 30 Lower Fort Street and 4 Trinity Avenue, the three-storey block of 33 apartments was built by the Sydney Harbour Trust in 1910.

Following closure of a public tender process, the historic building was sold via negotiations managed by McGrath Estate Agents.

Buyers will have another opportunity to purchase a slice of history in Millers Point, with the following properties entering the market today:

· 30 Kent Street - two duplex apartments with courtyards

· 5 Windmill Street terrace

· 75 Windmill Street terrace

· 85 Lower Fort Street terrace

· 52 Gloucester Street terrace

· 63 Kent Street terrace

· 26 Argyle Street terrace

The properties will be auctioned by McGrath on 11 October 2017.

Proceeds from the Millers Point sales program have delivered over $448 million for investment in new social housing developments in NSW.

As at July 2017, a total of 625 dwellings have been completed and an additional 452 dwellings are currently under construction as a result of the Millers Point sale.

For more details please visit www.rediscovermillerspoint.com.au.

Tags: 
NSW Millers Point, Sydney

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