State government Millers Point terrace sell-off continues apace

Three more surplus government-owned property at Millers Point have been sold for a $6.8 million total.

The three Georgian-style terrace properties at 24, 28 and 32 Argyle Place (pictured above) sold at auction fetching $2.3 million, $2.35 million and $2.15 million respectively

The three level terraces had two bedrooms at 24 and 32, with 28 featuring four bedrooms.

The NSW government is proceeding with plans to sell the remaining 284 properties so funds can be reinvested back into the public housing system.

“There’s been a strong market response to the release of the government-owned properties in Millers Point with a total of $21.9 million raised so far from nine sales," the Minister for Family and Community Services, Gabrielle Upton said.

“It is simply not sustainable for the tax payers of NSW to maintain these properties for a select few while elsewhere throughout the State there are tens of thousands left waiting for a roof over their heads," she said.

The Minister for Finance and Services, Dominic Perrottet is co-odindating the sales with three more properties listed for auction in December.

47 Kent Street will be auctioned on 15 December, while 41 and 43 Kent Street will be auctioned on 16 December.

The Georgian style sandstone terrace properties form part of the row which dates back to the 1860s when built by Sir George Wigram Allen, solicitor, state politician and the inaugural Mayor of Glebe.

Each property spans over three levels, with numbers 41 and 43 containing two bedrooms, with number 47 featuring three bedrooms.

Numbers 41 and 43 on Kent Street are being auctioned by Ray White Double Bay.

47 Kent Street will be auctioned by Di Jones Real Estate.