Six minutes of hot bidding by two locals delivered a windfall for its investor owner, an ex-rugby league first-grader.
Six minutes was all it took for an eastern suburbs downsizer to pay $3.32 million to secure the keys to a Coogee apartment with panoramic ocean views.was an investment pad sold by Steve Deacon, rugby league veteran and former Roosters centre, who was at the auction with his family.
Guided at $2.7 million, the 800-square-metre lot was snapped up by a developer who paid a whopping $604,000 above its $2.9 million reserve. The vendor, having occupied the property for nearly 40 years, was “gobsmacked by the result”. The home last traded for $380,000 in 1995, records show. BresicWhitney’s Louise Barton said the vendor was “excited to see what becomes of the property.” Barton said not much is known about the property’s history – the home can be developed, but the facade is heritage.In Burwood, a two-bedroom unit across the road from a children’s playground and moments from Westfield sold for $930,000.was snapped up by a relieved first home buyer who recently had missed out on another unit in the building.
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