Potential Under The City Lights
Sydney Morning Herald
Saturday April 10, 1999
An unrestored Federation cottage at 26 The Boulevarde, Lilyfield, is for auction next Saturday. Set on a quiet street with views of the city skyline, this house is about five minutes from Sydney's CBD.
Accommodation comprises two double bedrooms, separate living and dining areas and a bright sunroom. Both the kitchen and the bathroom are in basic condition.
Original features of the dwelling include leadlight windows, ornate ceilings and picture rails. The grounds include a grassy forecourt and a large level rear yard with potential for parking.
So far this year house sales in Lilyfield include 329a Catherine Street for $410,000; 7 Eric St for $320,000; 10 Fredbert Street for $396,000; 13 Gladstone Street for $316,000; 2 Grove Street for $412,500; 53 Grove Street for $388,000; 59 Grove Street for $340,000; 85 Lamb Street for $460,000; 12 Pretoria Street for $346,000; and 25 Starling Street for $389,000.
Last year Lilyfield sales included a two-bedroom semi at 25 The Boulevarde, sold at auction for $365,000; a three- bedroom cottage at 7 Cecily Street, sold at auction for $410,000; and a house at 187 Lilyfield Road set on 184 square metres, sold for $315,000.
Lilyfield house sales last year reached $31.1 million. The total in 1997 was $38.2 million.
The 59 auctions last year had a clearance rate of 54 per cent, for a total of $11.3 million and average of $391,000. The 51 in 1997 had a 88 per cent clearance rate and made $16.5 million (average $367,000), while the 50 in 1996 had a 68 per cent clearance rate and made $9 million ($264,000).
The 58 private treaty sales last year totalled $19.7 million (average $340,000). The 69 in 1997 made $21.7 million ($314,000).
The agent is McGrath Partners on 9386 3302, and inspections are on today and Wednesday from 11.15 am to 12 pm. More than $315,000 is expected.
© 1999 Sydney Morning Herald
