Buyer who fell in love with unique Annandale home spends $5.65 million at auction

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Buyer who fell in love with unique Annandale home spends $5.65 million at auction
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The buyer was the first person to look through the four-bedroom warehouse conversion, and was keen to buy since the first viewing.

An Annandale home that was so dilapidated buyers could only do a drive-by inspection sold for $1.35 million.In Redfern, a classic Victorian terrace sold for more than $200,o00 above its reserve.A former automotive workshop that was turned into a luxury four-bedroom home in Annandale was snapped up by a man in his 30s for $5.65 million, after he fell in love with the property.

“He was living in a smaller version of that property in the inner west, and he was after something that was a bit of a trophy home,” Carvalho said. Bidding opened at $1 million, with offers rising in $50,000 increments until it reached the sale price. Adrian William’s Adrian Tsavalas said the hotly contested auction saw eight registered bidders battle it out for the keys, including the home’s current tenants, who were hoping to make it their first home.

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