McMahons Point apartment bought for $7.8m last February sells for circa $8.5m

201/3 East Crescent St, McMahons Point, has sold for circa $8.5m.

A former Perth multi-millionaire who sold a house built for the late Alan Bond for $27.5m has made a quick profit on a Sydney bolthole.

Sue Gibson, who’d sold the Dalkeith mansion for that huge price back in 2018 following her split with her mining magnate husband Steve Wyatt, had bought the McMahons Point apartment for $7.8m last February.

But now primarily based in the Southern Highlands, she discovered she wasn’t using her harbourside four-bedder at 201/3 East Crescent.

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A car lift takes your vehicle from street level, up into your apartment.

It offers harbour views.

After just a month on the market with Adrian Bridges of Atlas, she’s now sold it for circa $8.5m, a significant profit for the astute investor who hasn’t redecorated.

But property did have several distinguishing attributes: a car lift took your vehicle from street level all the way up into actual apartment; and it had views of the harbour including the Bridge.

Adrian Bridges said he had close to 100 groups through.

The vendor had bought the apartment for $7.8m last February.

She did no renovations.

“This volume of interest wasn’t unexpected as there is always strong interest in this development,” he said.

“The speed of the sale is also a sign that the market snaps back into action after an election.”

The post McMahons Point apartment bought for $7.8m last February sells for circa $8.5m appeared first on realestate.com.au.

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McMahons Point apartment bought for $7.8m last February sells for circa $8.5m

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