{"id":17389,"date":"2019-03-10T10:13:16","date_gmt":"2019-03-09T21:13:16","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=17389"},"modified":"2019-03-10T10:13:16","modified_gmt":"2019-03-09T21:13:16","slug":"cottage-sold-for-millions-just-to-be-destroyed","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/cottage-sold-for-millions-just-to-be-destroyed\/","title":{"rendered":"Cottage sold for millions just to be destroyed"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a010 Patterson St, North Bondi sold at auction for $2.275 million.\u00a0<span class=\"image-source\"><em>Source: Supplied<\/em><\/span><\/strong><\/p>\n<p>Property sales have been heating up in Sydney\u2019s east, with buyers scrambling to the auction of a deceased estate near Bondi Beach just for the chance to knock it down.<\/p>\n<p class=\"description\">A brick cottage in North Bondi has sold under the hammer for $2.275 million \u2014 just to be bulldozed.<\/p>\n<div class=\"story-content\">\n<p>The price for the two-bedroom house at 10 Patterson Rd was $175,000 above the vendor\u2019s reserve and $575,000 above the opening bid of $1.7 million.<\/p>\n<p>Selling agent Michael Rowles of Bradfield Cleary told the Sunday Telegraph the buyer was planning to knock down the 1930s cottage and replace it with a modern house.<\/p>\n<p>The deceased estate was in a rundown state, with much of the interior requiring major restoration work.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/north-bondi-cottage-sold-for-millions-likely-to-be-knocked-down\/news-story\/a84ab49fca2c5570a1d80c1e1df8c825\">NEWS.COM.AU<\/a><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p>https:\/\/www.instagram.com\/p\/BuUkQr6FdBp\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a010 Patterson St, North Bondi sold at auction for<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/cottage-sold-for-millions-just-to-be-destroyed\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":17390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478103969,478098512,478098521,478103973,478103971,478098519,478098535,478103972,478101253,478098556,478098513,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478103970],"class_list":["entry","author-data123nz","post-17389","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-10-patterson-st","tag-australia","tag-australians","tag-bradfield-cleary","tag-deceased-estate","tag-home-ownership","tag-house-prices","tag-michael-rowles","tag-north-bondi","tag-nsw","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sold-under-the-hammer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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