Renovator's delight at 54 Thornley Street Leichhardt sells to north shore downsizers
The empty late-Victorian, double fronted home that Raine & Horne auctioned this weekend was sold for $1.42 million to north shore downsizers who will make the move to Leichhardt following extensive renovations.
Graffiti artists had left their mark, but the now well fenced property on the corner of Thornley and Cary Streets still retains elegant period details including ceiling roses, bay windows, cornices and blue gum floorboards throughout the remaining four rooms of the original 1883 house.
There were 20 registered bidders seeking the inner west offering, with many owner builders among the nine who got to lodge bids at the onsite auction. But it was buyers from Pymble who secured the prize after bidding began at $1 million.
"Yes you will be going to Bunnings Hardware," auctioneer Tom Panos said seeking the opening bid.
"It was an ideal canvas with potential to build one of the area's finest homes," Jonathan Hammond, the Raine & Horne Montano selling agent said of the 360 square metre block.
The pre-auction price estimate was $1.2 million plus. It last traded in 1981 for $177,500.
A $2.19 million Croydon Park result was the top sale.
With 388 results in by Saturday evening, the Domain Group's APM put the preliminary Sydney clearance rate at 77.1%.
It was 73% in Melbourne. The top Melbourne sale amid the 492 results was a $3 million Brighton sale.
The prior Saturday's results were revised down a tad to 73% in Sydney and 70% in Melbourne.
