Crown Street, Darlinghurst terrace sells for $2,575,000 under the hammer
Jonathan ChancellorOctober 28, 2014
There was a $1.8 million opening bid when the terrace at 116 Crown Street, Darlinghurst went to mid-week auction.
Laing & Simmons Potts Point agent Nuri Shik had the corner offering, listed for the first time in half a century.
It fetched $2,575,000 when knocked down by auctionWORKS auctioneer David Scholes.
It was extensively renovation in 2004.
It came with three suites - 90 square metres, 145 square metres and 101 square metres, all with private entries.
The commercial suite is leased for $601 per week, expiring in January 2015.
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.
