Chinese buyers fly in for Eastwood house

Posted by on October 28, 2015 in Market Reports | 0 comments

Chinese buyers fly in for Eastwood house
61 Threlfall St, Eastwood

61 Threlfall St, Eastwood

A new property at 61 Threlfall St, Eastwood, has sold at auction for $2.682 million.

David Middleton, from Anthony Trees First National Eastwood, said two of the seven registered bidders flew from China especially for the auction.

The winning bid was made by an Eastwood family who live up the road, Mr Middleton said.

They plan to move with their extended family in to the five-bedroom four-bathroom home that offers multiple living zones.

Development on the agenda

After Daphne Werner died in May, relatives made the tough decision to list the family home at 2 Norma Ave, Eastwood, which was built by her husband Colin.

On October 17, it sold at auction for $2.24 million.

Despite a slowing market, the house, on 1100sq m with two street frontages, attracted nine registered bidders, mostly developers.

The new owners are a couple from Epping.

Sales agent David Middleton, from Anthony Trees First National Eastwood, said they were “looking to explore development opportunities”. He added: “Sadly (the house) will be knocked down.”

Mrs Werner was well-known to locals, who gained great joy from her beautiful garden. Almost every day, the spritely 91-year-old would be out among her roses and annuals, chatting to passers-by.

Super bowlo site

The former site of the Eastwood Bowling Club “Hawks on Second Ave” is for sale by expressions of interest, closing on November 11.

Sales agents David and Tim Cale, from Cale Property Agents Epping, said they expected the 6700sq m level block at 9-19 Second Ave to sell for about $15 million.

It has been rezoned R2 by owners Ryde Eastwood Leagues Club Ltd and comes with approval for 25 two-storey townhouses and six single-level villas.

David Cale said offers were being fielded from both local and overseas developers.

Hawks on Second Ave officially closed in December 2011.

The bowling club was established there in 1930 and amalgamated with Ryde Eastwood Leagues in 2000.

Published: October 28, 2015

By: Shayne Collier

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