waterfront home

Auction mania for late property developer’s waterfront pad

PHOTO: No. 1/12 St Georges Cres in Drummoyne was the home of late developer Marshall Brentnall. Source: Supplied

The prized waterfront home of late property developer Marshall Brentnall sold for a sky-high price as several bidders battled to secure the keys to the property decked out with luxury features.

The luxury inner west waterfront residence of the late property developer Marshall Brentnall has sold in a firecracker auction.

The St Georges Cres home in Drummoyne was snapped up by a couple from Hunters Hill who edged out strong competition from six other bidders to pay $4.19 million.

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It was one of the strongest sales recorded in the inner west suburb this year and was well above the $3.9 million-$4.1 million guide.

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McGrath Balmain’s Cindy Kennedy said it was a strong result for the property with more than 20 groups requesting a contract during the campaign of 1/12 St Georges Cres.

The auction had seven registered bidders on the day.

The auction had seven registered bidders on the day. Source: Supplied

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