More Millers Point property sold by NSW Government including Hit & Miss hotel premises

More Millers Point property sold by NSW Government including Hit & Miss hotel premises
Staff reporterDecember 7, 2020

McGrath sold the latest tranche of government-owned Millers Point properties last night for a total of $12,765,000.

The four properties sold under the hammer included two terrace homes, two side-by-side terraces sold in one line, and a landmark seven-bedroom residence which was originally built as the “Hit & Miss” hotel.  

McGrath Edgecliff agent, Lorraine Crawford, said the Millers Point market "continues to show strength."

It saw healthy bidding on all properties with the buyers a mix of owner occupiers and investors.  

“We have maintained McGrath’s 100 percent auction clearance rate with the stand out result the sale of the iconic “Hit & Miss” hotel which sold under the hammer for $4,805,000,” said Ms Crawford. 

The "Hit & Miss" hotel was licensed from 1852 until 1923.

It later operated as a migrant hostel, before it was remodelled into five residential apartments in the 1930s.

The heritage building is a rare offering with exquisite features ready to be restored to a grand home. 

The properties were sold by Lorraine Crawford, Peter Starr and Andrew Stewart of McGrath Edgecliff.

69 Windmill Street,  Millers Point, NSW (above)

Sale price: $4,805,000

More Millers Point property sold by NSW Government including Hit & Miss hotel premises

14-16 Trinity Avenue,  Millers Point, NSW (above)

Sale price: $3,000,000

52 Kent Street,  Millers Point, NSW (above)

Sale price: $2,600,000

 

 

1 Windmill Street,  Millers Point, NSW (above)

Sale price: $2,360,000

 

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