Inside Gav and Waz's garden Potts Point quick flip

Inside Gav and Waz's garden Potts Point quick flip
Jonathan ChancellorFebruary 6, 2021

Professional renovators Gav and Waz, who appeared on the first series of The Block reality television in 2003, have listed their two-bedroom Rockwall Gardens, Potts Point apartment.

It is a ground floor apartment on Tusculum Street advertised on realestate.com.au. They are testing the apparently buoyant market in the inner city suburb where CoreLogic RP Data actually have the median apartment price down to $525,000 since they bought last year. The median price for a two-bedroom unit with a car space in the suburb sat at around $1 million, before the recent $264,000 car space sale.

G06/1A Tusculum Street, Potts Point

The renovation duo settled only last July at a hefty $2.25 million, with renovations completed since on the apartment with two bedrooms, two bathrooms and a car space. There are still trademark Deece Giles interiors since the boys bought from the renown Sydney architect.

G06/1A Tusculum Street, Potts Point

Now surrounded by greenery, the total floor space, inside and out, is 180 square metres. It comes with outdoor fireplace by Rolling Stone Landscapes, gold medal winners at the prestigious Chelsea Flower Show.

G06/1A Tusculum Street, Potts Point

Jason Boon and Geoff Cox, of Richardson and Wrench, won't reveal how much profit the boys really want for their snug viewless offering, but Title Tattle gleans high $2s will  make them content.

Charlie, their Jack Russell, featured in the advertising (below) to stress the pet friendly nature of the block, is not included.

G06/1A Tusculum Street, Potts Point

Two contracts were issued following the initial weekend open for inspection.

Warren Sonin and and Gavin Atkins have poured serious money into the Potts Point precinct in recent times spending $1.38 million on three investment acquisitions between 2013 and late 2014.

They sold their 23-hectare farm, Charltons, in the Byron Bay hinterland for $3 million in 2013.

G06/1A Tusculum Street, Potts Point

Some 26 registered parties ensured a strong price today for a top-floor unit 6/1 St Neots Avenue, Potts Point that fetched $1,846,000 under the hammer through Ray White Double Bay agent Kim Hayes.

It sold to an investor.

It came with harbour views.

Sydney's overall weekend clearance rate was a smidge down at 83.2%, compared to last weekend's initial 83.3%, which was then revised down to 81.9% after the late notified results.

Mosman again had the highest sale across Sydney - at $3.05 million at 4 Sverge Street - again through McGrath, albeit at half last weekend's top reported sale.

It was a 1960s original (below) on 768 square metres.

 

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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