Two semis sell in Watsons Bay for $4.25 million

A pair of semis on the foreshore of Watsons Bay have sold for $4.25 million.

Located on Marine Parade, the residences were sold as one title, with each featuring two bedrooms and a bathroom.

The properties feature timber floors, high ceilings, north facing landscaped gardens, a deck and plunge pool.

The 491-square-metre property was granted planning approval in 2011 for one residence.

Watsons Bay is located 11 kilometres form the Sydney CBD in the municipality of Woollahra.

The property was sold through Hamish Robertson and Ben Collier of McGrath Real Estate.

The semis had been offered at auction late last year by the thoroughbred-horse breeder Jocelyn May.

The Marine Parade semis were initially listed in August 2012 with $6 million price hopes but reduced to more than $4.5 million for the auction marketing campaign.

They had been owned by the May family for more than 50 years.

Elsewhere along the beachfront boardwalk near the Doyles restaurant, the May family sold another pair for $6 million to developer Graham Werry in 2007.