Monday, August 8, 2016

Millers Point sell off continues

Nine more Millers Point properties have been listed for sale - you can read the full announcement here. Curiously, this announcement comes from Finance, Services and Innovation rather than FACS or anyone associated with the Social Housing portfolio.


The announcement says:
The nine Windmill Street properties each contain three bedrooms and will be sold via an Expressions of Interest process through McGrath Estate Agents that closes on 5 September 2016. 
Properties are 3, 7, 13, 17, 23, 31, 35, 41 and 45 Windmill Street. 
The new listings mark the commencement of a new stage in the Millers Point program which will see a different product mix, including a diverse range of lofts and other apartments, and blocks of units, listed on the market over the coming months.

The nine Windmill Street properties have been listed on McGrath's website for between $1.75 million and $2.3 million.

The media release states that the above properties will be sold under a neighbourhood scheme title structure, rather than Torrens title, to facilitate protection and management of the streetscape over time.

Numbers 15, 19, 21, 25, 27 and 29 Windmill Street already have been sold at auction. You can check these sales here.

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