$6.6 million Manly apartment sale tops weekend auction results
Manly clocked up the biggest weekend apartment sale in New South Wales.
The three-bedroom Manly penthouse sold for $6.6 million just days before its scheduled weekend auction.
It was the priciest apartment sale across the nation over the past week.
There was a 61.8 percent success rate from the 345 apartment and townhouses results over the weekend, according to CoreLogic.
The median sale price was calculated at $810,000.
Vendors had 448 offerings with 103 results yet to be advised.
Sydney vendors secured an 81.5 percent success rate while Melbourne vendors secured a 50 percent clearance rate.
The whole floor Manly apartment was bought by a young IT entrepreneur, he told The Manly Daily.
It was set on the 1916 Montreaux complex at 20/7 Commonwealth Parade opposite Manly Cove.
It had a guide of $4.5 million to $4.9 million from Adam Moore, of Stone Real Estate Manly.
It came with an open car space
Melbourne's top advised sale was 7/120 Queens Parade, Fitzroy North at $1.8 million which came mid-last week.
The three-bedroom, two-bathroom townhouse was architecturally designed in the reinvention of the Selotta Shoe Factory.
The price guide for the 1934 three level space had been $1.8 million to $1.9 million.
It last sold at $975,000 in 2007.
The adjoining 6/120 Queens Parade townhouse, also with three bedrooms, fetched $1.8 million in April. It first sold at $406,000 in 1998.
The original factory designed is credited to architect, H V Gillespie.
