Barking mad pet ban
A NEW YORK loft-style apartment in Camperdown was thought to be in the doghouse due to a pet ban, but it still managed to claw its way up to sell for a treat.
The one-bedroom, one bathroom unit with one car space at 27/177-179 Salisbury Road sold on reserve for $1,175,000.
Renovated recently and with 125sqm of internal and external space, the property was immensely popular for its ample storage, modern style and large wraparound private terrace with street art; perfect for entertaining. Or for a pet — except they’re banned.
Agent Maria Magrin of Belle Property Annandale, who had more than 120 groups inspect, said she had four registered parties but would have had eight if the pet ban wasn’t in place.
“There was a complete pet ban in 2013 and that’s hurt the campaign,” she said.
“Apartment and vertical living is more common now; it’s not just university students living in apartments, it’s also families and grandparents who have friends come over.
“You should be able to have the same rights as if you are living in a house, with some rules in place.
“I thought it was an excellent result, it is showing that buyers are actively looking and will spend for a good property in Camperdown.”
Auctioneer Rick Briggs agreed. “There is a significant amount of strength in the Camperdown market at present as one-bedroom apartments continue to sell in the $1.1-1.2 million range,” he said.
“Delighted” vendors, Linda and Michael Hailey, who bought the property three years ago, said they never thought they’d sell at this level.
“We felt the Sydney property market hit a peak and it was a significant opportunity to sell; since it was already renovated we got it on the market in a week,” Ms Hailey said.
27/177-179 Salisbury Road looks perfect for a pet — except they’re not allowed.