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THE SUN-HERALD SUNDAY, JULY 3, 2011

39

Mari Gibson

north

Tranquillity reigns: not a bid Rebecca Richardson ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ●

Two bedrooms plus parking ... 22/29-35 Gerard Street, Cremorne.

Renovated 1970s pad mixes it up A RENOVATED apartment at 22/29-35 Gerard Street, Cremorne, attracted a mix of buyers before its auction yesterday with a price guide of about $650,000. The two-bedroom property, in a 1970s block, was listed through David Buttel of Raine & Horne Neutral Bay. It last sold for $525,000 in 2007. The internal area is 87 sq m, plus single parking, and the strata levy is $915 a quarter. Sold for $677,000. About 108 groups viewed a singlelevel townhouse at 5/7 Conie Ave, Baulkham Hills, in the run-up to its auction yesterday with hopes of $370,000-plus through Scott Haggarty of McGrath Castle Hill. The two-bedroom property last sold for $227,500 in 2000. It comes with a courtyard and double parking. The strata levy is $580 a quarter. Sold for $433,000.

IT WAS an auction that wasn’t – another sign of the times that buyers are cooling their approach to Sydney’s property market. Yesterday’s auction at 45 Mort Street in Surry Hills drew about 40 people with several registered bidders knowing the four-bedroom home had a price guide of more than $1.2 million but without the willingness to commit. The terrace had, in the words of Bresic Whitney agent Renae Dickey, ‘‘absolutely nothing wrong with it’’. Last sold in 2006 for $900,000 to Thyne McGregor, it is a modern, light-filled home with high ceilings in most rooms, original fireplaces, built-in wardrobes in bedrooms and ample hidden storage spaces. On the first level off one room is a decking area overlooking the back yard. Yesterday morning, the light was filtering warmly through trees, making the spot desirable for a cup of tea with private space for a small table and chair. The attic has been converted into a spacious office-cum-guest room, with two impressively large skylights. Off the main bedroom is the signature balcony that comes with all terraces in the area of the same heritage, but this one overlooks a grassy school yard and is in direct sunlight that flows into the room. Mr McGregor said it was the picturesque schoolyard, along with a swag of other features the property’s

Silence ... this terrace in Surry Hills is expected to sell by negotiation after a bidless auction yesterday. Photo: Jacky Ghossein prime location provides, that drew him to the house when he bought it. ‘‘Looking at the school is better than looking into the back of someone’s home or a laneway,’’ he said. The one-way street is home to evidently friendly neighbours, who came out to watch the auction on the street from their front doors, calling out to each other by name. ‘‘And you’re a five-minute walk to

the pubs, cafes, and restaurants, and just across the way is the park. It’s the best location,’’ Mr McGregor said. After not hearing a solitary bid, auctioneer Ivan Bresic inquired: ‘‘Did I mention how peaceful it was here?’’ before passing the property in at the vendor’s bid of $1.18 million. Ms Dickey expects the home will sell within a fortnight.

Sun-Herald Domain editor Mari Gibson (02) 9282 2364, mgibson@smh.com.au. Property editor Stephen Nicholls. For advertising sales, Linda Chan (02) 9282 3506, lchan@fairfaxmedia.com.au.

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