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The three-bedroom apartment failed to sell under the hammer, passing in at $3.8 million. But with three buyers still interested, that wasn’t the end of the bidding.
Sydney’s cashed-up home buyers have long paid top dollar for properties on the waterfront, but since the pandemic hit, they’ve been digging deeper than ever.
The heritage listed Annandale Abbey has hit the market, expected to fetch a sale price of $15 million from owners Ann Sherry, former Carnival Cruises CEO and husband Michael Hogan.
Her plan to downsize from the 1881-built Abbey in Annandale, known locally as one of four ‘witches houses’, comes amid a fortuitously booming property market.