Two parties registered for the spacious luxury home with a rental return of $1300 a week and south-facing leafy views.
Bidding was fierce for a two-bedroom unit in Russell Lea that sold at auction on Saturday for $1,375,000.
The waterfront complex has a swimming pool,tennis court and pontoon;the spacious home features four bedrooms and sparked a hot contest.
Three brothers bought the boarded-up Edwardian at auction on Saturday. They plan to develop it,but keep its heritage facade.
An owner-occupier from Chatswood paid $815,000 at auction on Saturday for a unit in Wollstonecraft,outbidding first-home buyers from Hornsby and the Hills district.
The auction market is stronger than last spring as lower interest rates boost buyer confidence,but slipped over the past month.
The dilapidated three-bedroom home,which the agent thought was “too much work” for many buyers,soared past its reserve.
The bluestone Georgian residence and the adjacent apartment block in a sought-after spot managed to draw only one bid at auction.
A first-home buyer couple with a baby on the way won the keys to a $1.3 million two-bedroom unit in the suburb at auction on Saturday.
A small apartment in Thornbury sparked a quick-fire bidding war,selling for well above its reserve at $437,000 to a first home buyer.