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Thursday, 25 September 2014

Fifth Millers Point NSW government terrace to go to auction tomorrow - 209

Fifth Millers Point NSW government terrace to go to auction tomorrow - 209 to go

The next Millers Point terrace - part of the 214 freehold terrace properties being sold by the NSW state government - goes to auction tomorrow night, Thursday September 25.

There is no revealed price guidance for the Di Jones auction offering on Windmill Street.
The 1880s heritage listed terrace (pictured above) has three levels.

"It is immediately liveable, as is, with modern finishes, and there is further potential for refurbishment or reconfiguration," the marketing says.

The next scheduled auction is the 30 Argyle Place, 8 October offering through Craig Pontey at Ray White Double Bay.

The NSW government has grossed $11.1 million from the first four property sales.

The disposal, which will include the in one line sale of the 79 apartments in the Sirius building at The Rocks, appears set to inject more than $500 million into the government's coffers.

The Community Services Minister Gabrielle Upton says the proceeds will be returned to the social housing system, for repairs and new projects.

The social housing waiting list numbers around 58,000 households.

RESOURCED: http://www.propertyobserver.com.au/finding/residential-investment/sales-and-auctions/36057-fifth-millers-point-nsw-government-terrace-to-go-to-auction-tomorrow-209-to-go.html

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