PHOTO: 2/124 Wolseley Road, Point Piper, sold for $13.025 million at auction. Photo: Sydney Sotheby’s International Realty
A Point Piper apartment listed for sale for the first time in 70 years sold for a massive $13,025,000 at a hotly contested auction on Saturday.
The three-bedroom apartment at 2/124 Wolseley Road in the exclusive Cliff Towers building sold for the eye-watering amount after being declared on the market at $9.9 million.
Sydney Sotheby’s International Realty managing director Michael Pallier said there were seven registered bidders, with three active throughout the sale.
The ultimate buyer, a woman from the eastern suburbs, started bidding at $10 million, Mr Pallier said.
About 30 people were at the auction of the apartment – owned by Susan Rankine, formerly known as Lady Street – with some having to be turned away due to social-distancing rules.
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