$7.55 million Woollahra apartment sale topped weekend results

The offering sold auction eve last Friday after a $5.8 million offer lobbed with the listing agent Ben Collier at The Agency.

$7.55 million Woollahra apartment sale topped weekend results
$7.55 million Woollahra apartment sale topped weekend results

A $7.55 million three bedroom Woollahra penthouse sale topped weekend auction apartment sales.

CoreLogic calculated there was a 71 percent success rate from the nation's 688 weekend apartment offerings, as compared to 81 percent for the 2206 houses that went under the hammer.

The 3/19 Rosemont Ave, Woollahra offering sold auction eve last Friday after a $5.8 million offer lobbed with the listing agent Ben Collier at The Agency.

The auction was brought forward with Collier taking the phone bids for the Hong Kong based vendors.

The Young family had paid $3.3 million in 2014 for the top floor apartment sitting under a mansard style roof.

The triplex was developer by the Michael Hannan, the former executive chairman of the family led IPMG publishing group.

Melbourne's top apartment sale was a five bedroom, two storey townhouse at Black Rock.

The 1B Third Street duplex was sold by 11 North Property for $2.61 million.

The property had previously been three single storey, three bedroom villas.

Close to Black Rock village, the near new townhouse had high ceilings, large windows and timber floors.

It's pre-auction price guide had been $2 million to $2.2 million based on recent comparable sales advised as $2 million at 13a Florida Ave, Beaumaris and 4b Bolton St, Beaumaris.

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.

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