$8.5m price guide sells for $14.2m

A SEMI in the same family for 90 years on the Watson Bay beachfront has sold for $14.2 million — an incredible $4.45 million above the reserve — at a packed Monday night auction in Double Bay.

“We knew it was a special position, we just didn’t how special it really was,” BradfieldCleary agent Brenton Gadsby said who, with co-agent Donna Burke of Bickmore Hutt, had initially been quoting $8.5 million. They lifted it to $9 million in the first week.

On the beachfront at 17 Victoria St, Watsons Bay.

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