Terraces a slice of history
The NSW government is selling more of its Millers Point heritage properties
The face of the once shabby public housing area at the foot of the Sydney Harbour Bridge will be further gentrified with the NSW government releasing another 10 of its historic Millers Point terraces for sale.
Some of the terraces have sweeping views catching the Harbour Bridge and between its sandstone pillars to the Opera House; others look west across the top of Walsh Bay and the harbour to Milsons Point.
Last week one terrace — the six-bedroom 9 Lower Fort Street — changed hands for $6.1 million, the highest price in a batch of nine that went under the hammer. The cheapest in this group was 60 Kent Street, a four-bedroom unrenovated circa-1876 Victorian-period terrace that sold for $1.75m.
On June 8 another lot of 10 homes will be auctioned through McGrath Estate Agents with two of the properties — 75 Kent Street and 81 Kent Street — having six bedrooms, as does 7 Dalgety Terrace.
The three-storey Kent Street terraces feature ornate lace work and fireplaces, and french doors.
The Victorian Georgian-style Dalgety Terrace, circa 1848, overlooks Walsh Bay and the Harbour Bridge.
The smallest home to go under the hammer next month is the one-bedroom 22 Merriman Street.
The area is changing with much of the nearby South Barangaroo office buildings, apartments, restaurants and retail built and Central Barangaroo out to tender to developers.
Circular Quay is also set for a makeover with new office towers planned and China’s Dalian Wanda proposing a 180-apartment luxury tower on the site of Gold Fields House, the ageing office building it bought for $415m last year.
“This new tranche of properties will appeal to buyers because it offers a broad mix of properties across five different precincts,” Government Property NSW chief executive Brett Newman says.
All the Millers Point properties have conservation management plans endorsed by the NSW Heritage Council.
The state government has reaped more than $218m from the sales so far with 80 of the historic homes sold.
The proceeds of the sales will fund 1500 new socialhousing dwellings, according to the government.
Clockwise from main picture, Millers Point addresses 13 Lower Fort Street, sold at auction last week for $4 million; Darling House; and 60 Argyle Place