Pavilion-style trophy home Guriganya's price fall highlights Paddington's problems

Guriganya, a pavilion-style residence in Paddington, Sydney, has been sold, but at nowhere near its desired selling price.

Last October the top bid was $5.2 million. It has since sold quietly at $4.8 million. It previously sold for slightly more - $4.83 million in 2006.

Not a huge drop, but it went backwards over an eight year period.

While not the first pavilion-style house built in Sydney, Guriganya’s design received much acclaim when it was built in the late 1970s including a merit award in 1980 from the Royal Australian Institute of Architects.

Designed by architect Terry Dorrough and his wife, artist and interior designer Helen, the three-pavilion abode was built on the site of Sydney's fourth progressive school, Guriganya Community School.

The single storey pavilion style residence, with a mezzanine level over the garage, surrounds a courtyard garden on its 443 square metre block. 

At its 2006 auction through Ray White Double Bay agents Michael Finger and Kim Hayes, Guriganya sold for $4.83 million to insurance guru John Mills and his partner Greg Clark.