No. 9 Chuter St, McMahons Point, sold at auction to a local couple upsizing.
A heritage-listed sandstone terrace in McMahons Point, has sold at auction to a local couple upsizing.
While the price remains confidential, it is understood to have sold $40,000 above the reserve, and for more than the $1.75 million-$1.9 million guide.
There were three active bidders vying for 9 Chuter St, with more than 75 people watching on. Bidding started at $1.75 million and more than 30 bids were placed before the hammer fell.
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LJ Hooker Crows Nest agents Oliver Rosati and Kiara Bomben had the listing. Mr Rosati said the 1869-built terrace had wide appeal for buyers.
The dining room has another fireplace and opens up to the rear garden.
“We had young families keen to upsize, and downsizers from Mosman and the upper north shore eager to buy it,” he said.
Based on the result, the LJ Hooker agent said it was a very strong for the current market, and showed that realistic vendors be the difference between a great result or not.
Mr Rosati said there was not many terraces from that era remaining, making this one extra special.
The three-bedroom home has Western Harbour views and is a stone’s throw from McMahons Point village and North Sydney CBD.
It has one bathroom and access to street parking.
The main bedroom has access to a loft and a balcony.
Sandstone is seen right through the home.
Meanwhile, the lower north shore once again stood out at the top of auction clearance rate pile. Our area recorded a 63.33 per cent clearance rate, compared to the wider Sydney rate of 48.88 per cent.
Out of the 30 results recorded, 19 were sold at auction or prior to, while the rest were either passed in or withdrawn.
The strongest recorded result was 13 Cyprian St in Mosman, which sold at auction on Saturday for $4.925 million through McGrath Mosman’s Michael Coombs and Eliza Fitzpatrick.
The four-bedroom deceased estate was offered for sale for the first time in 57 years.
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