PHOTO: Auctioneer Andrew Robinson at the auction of 61 Earle St, Cremorne. Picture: Tim Hunter Source: News Limited
Irish brothers who inherited two north shore properties from a distant relative were reported to be swigging Guinness into the early morning this weekend after getting more than $2 million for the homes.
The properties sold as part of the deceased estate included a three-bedroom house on Earle St in Cremorne and a one-bedroom apartment on Spit Rd in Mosman.
The Cremorne property attracted 10 registered bidders and sold under the hammer for $1.675 million — $150,000 over the reserve.
The Spit Rd property sold to a first homebuyer for $565,000, pipping the reserve price by $55,000.
A crowd of about 40 people gathered to watch the auction for the Cremorne house, which offered buyers a “blank canvas” for a renovation. The home was in a dilapidated state and signs were placed in many of the rooms warning of unstable floors.
The Cremorne house required significant work. Source: Supplied
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