Roseville College buys another Bancroft Avenue residence
Roseville Anglican College for Girls has spent $3.7 million to expand its holdings in Sydney's upper North Shore.
It was described to Property Observer as "a very bullish $3.7 million" paid in Roseville.
They last bought on Bancroft Avenue property in 2011 paying $3.675 million suggesting they are intent on increasing their land holdings in the street for some future college expansion.
There were intending home buyers at the auction represented by Skeen Property Buyer's Robert Skeen who were anticipating renovating the Federation home back into a family home.
The vendors at the McGrath Estate Agents auction were the Shepherd Centre.
Members of the last family to reside in the house were present at the auction and keen for another family to secure its purchase as a residential home.
"Roseville College looked like they would have bought the property at any price," one attendee noted.
Roseville Anglican College for Girls was established in 1908.
