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Sydney auction tipping: A tired renovator's delight in Neutral Bay

Sydney auction tipping: A tired renovator's delight in Neutral Bay
Sydney auction tipping: A tired renovator's delight in Neutral Bay

A renovator's delight in Neutral Bay will be looking for a buyer with a new vision for it this weekend.

For those who want to have a harmless punt, there's now a tipping website, www.propertytycoon.com.au, where punters can guess auction five results in Melbourne and Sydney, with no outlay. It's mostly about testing your market knowledge with a small cash prize as a sweetener.

One of the five Sydney properties going to auction this weekend in round 11 of the competition is 6 Powell Street, Neutral Bay

A tired renovator’s delight awaits the buyer who has the vision to turn it into a prestigious family home.

The big block of land, large rooms with period features and high ceilings and sweeping views of the harbour and skyline are all there. All that needs to be added is a bit of modern cosmetic flare.

If cashflow is a bit of a problem the new owner could always take advantage of the recent addition of a self-contained one-bedroom unit to provide a little extra cash. David Buttel from Raine and Horne is quoting the property at $1.8 million to $2 million.

If you think you know what it will sell for place a tip at Property Tycoon.

Mark Armstrong

Mark Armstrong

Mark Armstrong is a director of ratemyagent.com.au, Australia's number one real estate agent rating website.

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