Roxy Jacenko stills seeks buyer for Woollahra investment cottage, as prestige buyers baulk
The businesswomen Roxy Jacenko didn't get to sell her investment cottage, and former home, at 12 Nelson Street, Woollahra following its weekend auction listing.
She wanted $3.5 million, but like so many other prestige auction vendors faced buyer hestitancy.
She decided to list her investment property as she's been looking to purchase a commercial property to house her business, Sweaty Betty PR.
The 329 square metre property – with the two-bedroom, two-bathrooms was bought in 2006 for $2.8 million.
Interior designer Blainey North fitted out the double fronted, one story, residential home which was previously for sale in 2011 with a $3 million price tag.
According to Australian Property Monitors, there were just three sales over $1.9 million at Sydney weekend auction. They included $1.933 million in Willoughby for a renovated property last sold $590,000 in 1998. There was a $2 million sale in Mosman and a $2.3 million sale in Paddington.
APM recently carried out a study of $2 million plus sales and found the highest proportion of $2 million plus sales were in:
Strathfield
Balmain East
Glebe
Darlinghurst
Birchgrove
Cronulla
Sylvania Waters
Randwick
St Ives
Wahroonga
The APM report released in July found Strathfield's 37 sales reported of more than $2 million was more than the combined tally of Point Piper, Double Bay and Vaucluse.
