More Millers Point terraces sold off by the NSW government

More Millers Point terraces sold off by the NSW government
Jonathan ChancellorJune 2, 2015

Three more surplus social housing homes in Millers Point have been sold.

The three properties sold through Raine & Horne Double Bay included 32 Kent Street, an 1870s, two-bedroom terrace at $1.5 million.

Another 1870s row house, at 56 Kent Street, sold for $1.68 million.

At 42 Kent Street, (below) with harbour views, an above-expectation $2.2 million was achieved by the NSW government.

42 Kent Street, Millers Point

Next up are 18 Trinity Avenue, 34 Kent Street and 54 A&B Kent Street.

More than $40 million has been secured in the sell-off.

Last month Grimes Cottage, at 50 Argyle Place in Millers Point secured the highest price yet in its staggered former social housing selldown at $4.23 million.

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.

Editor's Picks

First home buyer turned investor: How young teacher Elycia bought her home at LUMA in Sunshine North
Northland launches Central Quarter, Merrylands' first new apartment development with Resilience 10-year Latent Defects Insurance
Aniko Group breaks ground on $2.5 billion The Landmark in Mermaid Beach
From passing curiosity to first home buyer: Josh’s journey to Olio Officer
First look exclusive: GRAYA expands Hamilton presence with The Gallery apartments