Surgeon buys house with Manly beach views for $21.5 million at auction
- realestateprotips
- Oct 17, 2022
- 1 min read
A five-bedroom house in Manly sold for $21.5 million on Saturday, when it went under the hammer for the first time in more than 40 years.
A surgeon walked away with the keys to the original-condition home overlooking Manly beach, outbidding eight other registered buyers in a drawn-out auction that lasted for more than 40 minutes.
A large crowd gathered for the auction of 2 Reddall Street, which sits on a 400-square-metre block behind the Manly Surf Pavilion, and last traded for $300,000 in 1981.
Buyers’ agent Peter Kelaher, of PK Property, was quick to start the bidding at $11 million. It then climbed in $1 million and $500,000 increments to $16.5 million, as four bidders made offers.
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