Real Estate

inner west family pays 1 7m for newly renovated beacon hill home

Written by The ReReport

32 Reynolds Cres, Beacon Hill now has glorious indoor and outdoor entertainment areas.

A FAMILY from the inner west bought a newly renovated four-­bedroom home in Beacon Hill in Sydney’s north for $1.7 million today.
The vendors had also come from the inner west two years ago, paying $1,511,000 for the unrenovated property.
They’re now heading back to the inner west.
McGrath agents Tim Cullen and Ben McNamara had six bidders register for 32 Reynolds Crescent, all excited about the fresh look of the home.

32 Reynolds Cres, Beacon Hill, prior to the renovation.

In the end, only half of them got a bid in.
Bidding had started at $1.55 million and risen mainly in $20,000 and $10,000 increments.
As is common in this market, the agents had to adjust the written reserve to sell it.
A two-bedroom, two-bathroom semi at 88A Mowbray Rd, Willoughby, had been expected to be a hot auction earlier in the week.
But the property was withdrawn from auction when the bidders failed to show, presumably unable to get finance.

32 Reynolds Crescent, Beacon Hill, after the renovation. NSW Real Estate.

The price guide ahead of the auction had been $1.35 million.
Ray White Willoughby’s Matthew Payne said he was yet to set an asking price for the property.
It had been tipped to be a battle between first home buyers and downsizers, all keen on the
deceased estate on the market for the first time in 50 years.

32 Reynolds Cres, Beacon Hill, prior to the renovation.

The home is in a corner position with access from a quiet street and has a large double lock-up garage.
The property has been immaculately and comprehensively refurbished.
Original features are complemented by premium finishes with a sunroom/study, formal lounge room and a kitchen with pantry and gas cooking flowing to a family dining room.

32 Reynolds Crescent, Beacon Hill, after the renovation.

Schools are close by, Willoughby Road shops, High Street cafes and Harris Farm Markets are an easy level stroll, while the Sydney, Chatswood, St Leonards and North Sydney CBDs are all less than 10 minutes away.

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