Tale Behind the Sale
Bed 4 | Bath 2 | Car 2
- 5 Waite Avenue, Balmain
- Sold: March 17
- Sale price: $4.2 million
- Agency: McGrath Balmain, Cindy Kennedy, 0404 000 570
- Land size: 398sqm
It was the stunning uninterrupted views across Anzac Bridge and the harbour, along with the excellent floorplan that impressed the new owners of this Balmain property.
McGrath Balmain sales agent Cindy Kennedy said, "The buyers are a couple from the Northern Beaches. They are downsizing from a very large home but still wanted plenty of space.
"They were after a low-maintenance home in the city with harbour views and plenty of accommodation. They are also intending to buy a sea-change property outside the city.
"They loved the views and the floorplan with four bedrooms and vast, interconnecting living-entertainment spaces. It's position, a short walk from cafes, Darling Street shops and transport added to its appeal."
The property was sold for $4.2 million after being on the market for four weeks. The original price guide was set at $3.9 million.
Cindy said, "We had 75 groups inspect the house; most interested parties were empty nesters. Nine contracts were issued and while four bidders registered, just three participated in the bidding."