Cherie Barber fails to sell at weekend auction

Cherie Barber fails to sell at weekend auction
Cherie Barber fails to sell at weekend auction

Celebrity renovator Cherie Barber didn't secure her desired record Leichhardt price at weekend auction. It was passed in on a vendor bid of $3.05 million after two attendees had bid.

The reserve was set at $3.2 million.

She’d paid $950,000 in 2008 for the unliveable double-fronted 1890s house at 93 Hill Street since converting it into a five-bedroom family home.

The project she’d reportedly expected would bring her a $1 million profit.

 “I’m confident it will sell by Wednesday and if not, I’ll rent it out for $2000 to $2500 a week,” said Ms Barber.

The star of Channel Ten’s show, The Living Room, said she’d knocked back a pre-auction offer of $3,075,000 from a buyer who couldn’t attend on Saturday because he was on holiday in Uluru. 

The celebrity renovator had just flown in from Minnesota where she has been filming her Five Day Flip renovation series for US television.

Some 800 auctions were scheduled for the first Saturday of spring, with the inner west having 121 set to go under the hammer.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Property Sales Passed In

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