Blakehurst home tops weekend auction sales for McGrath

Blakehurst home tops weekend auction sales for McGrath
Jonathan ChancellorNovember 15, 2015

A $4.8 million Blakehurst home sale topped weekend auction sales across Australia, according to Australian Property Monitors.

The beachfront Princes Highway sale was through McGrath Estate Agents.

With views across Kogarah Bay, the waterfront residence sits on an under utilised sprawling 1,365sqm block.

"While the LEP has not yet been gazetted by council (possibly March next year) the site is proposed by council for units and while some buyers thought there was too much risk we had three bidding," agent Matthew King said.

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Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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