SJB-designed Surry Hills offering tops Sydney weekend apartment sales

The two bedroom apartment is positioned on level three of the Foveaux Apartments designed by Adam Haddow of SJB
SJB-designed Surry Hills offering tops Sydney weekend apartment sales
Jonathan ChancellorJuly 11, 2021

A two bedroom Surry Hills apartment fetched $1.555 million at its online weekend auction.

It was set on level three of the Foveaux Apartments at 301/81 Foveaux Street (pictured). 

The apartment was designed by Adam Haddow of SJB with tailored interiors by Iain Halliday of BKH with bold colours, timber floors, floor to ceiling glass and high ceilings.

It comes with banquette dining and custom kitchen joinery with indoor-outdoor living with a Northern aspect.

It comes with a car space and basement storage in the development featuring 53 residential apartments and four retail shops.

The apartment and balcony total 90sqm, with 110sqm including car space and storage

Its quarterly strata levies sit at $1,766.

It was sold by Dean Applegate at Laing & Simmons having first sold at $1,265,000 in 2014.

It was shortly after $17.6 million development approval was given for the Legion Cabs site.

Some 44 of 53 apartments in The Foveaux sold at its September 2014 launch by former fashion boss Danny Avidan and his development partner Rafi Asouline.

They bought the 1370sq m site in 2013 at a heated auction for $18 million.

Unit prices in the five-level building start from $700,000 for a one bedroom, $995,000 for a two-bedroom and $1.5 million for a three-bedder.

It was expected to be completed in 2016, but settlements were in May 2017.

Sydney saw 172 weekend auction apartment results with a 74 percent success rate for its apartments and townhouse listings.

Nationally there were 468 results across all the capital cities with a 68 percent success rate and a $750,000 apartment median price.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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