PHOTO: Auctioneer James Hayashi dropped the hammer at $2.705m
Retiring Liberal city councillor Christine Forster, the sister of former Prime Minister Tony Abbott, and wife Virginia Flitcroft have netted a $2.705 million windfall on the sale of their home ahead of Mardi Gras.
The price paid at auction for the Surry Hills terrace built in 1885, reported to have been used as a brothel by previous owners, was $1.42 million higher than what the couple paid in mid-2010, records showed.
It meant they pocketed about $140,000 for each year they owned the home without lifting a finger – no major renovation was done.
A visibly emotional Ms Forster told The Sunday Telegraph she was “sad” to part ways with the house after the couple made the decision to downsize to a nearby home near Oxford St.
The Bourke St terrace sold for $2.705m. Source: Supplied
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