Seven properties sold at Millers Point

Property NSW, on behalf of Family and Community Services, today announced the sale of seven properties as part of the Millers Point sales program.

Located at 46-48 Argyle Place, a circa 1826 Colonial Georgian terrace was among the properties sold. The terrace sold at auction this week for $6.3 million.

The following properties were also sold via auction:

  • 40 Merriman Street - 1 bedroom terrace: $1.60 million
  • 42 Merriman Street - 1 bedroom terrace: $1.67 million
  • 125 Kent Street -  4 bedroom terrace: $3.03 million
  • 88 Kent Street - 4 bedroom terrace: $2.78 million
  • 61 Windmill Street - 3 bedroom terrace: $2.41 million
  • 70-72 High Street - block of four apartments, each with 2 bedrooms: $5.10 million

The auction of the Stevens Buildings and 74-80 High Street next week will mark the close of the 2017 Millers Point sales program.

Proceeds from the Millers Point sales program have delivered over $492 million for investment in new social housing developments in NSW.

Conservation Management Plans (CMPs) endorsed by the NSW Heritage Council are included in contracts for sale for all heritage listed properties. These contracts ensure new property owners are fully informed of their responsibilities when purchasing a heritage listed property.

As of October 2017, a total of 707 new social housing dwellings have been completed and 372 dwellings are currently under construction as a result of the Millers Point sales.

These fit-for-purpose dwellings are located in a number of areas across the State including Coffs Harbour, Penrith, Jannali and Wollongong.

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