Renovated McLachlan Street property triples in value in seven years

September 5, 2022

By Peter Holmes

A 100-year-old house in the B&B belt on McLachlan Street has sold for $1,450,000.

The last time it sold, in 2015, it was for $1 million less - $450,000.

Since that sale, however, it has undergone a renovation, and it is now used as an upscale B&B.

White Birch Cottage (circa 1920), at 63 McLachlan Street, is set on a 760-square-metre block.

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The property comes with four large, "luxuriously styled" bedrooms and a loft.

Flooring includes original timber, carpet and tiles, and there is ducted heating, reverse cycle air conditioning and ceiling fans.

There is a combustion wood fire in the lounge and dining room area, and original fireplaces in each bedroom.

The private courtyard is paved, with French doors leading to an outdoor dining and entertaining space.

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The main bathroom has a bath and double vanity.

White Birch Cottage sold on September 1.

August 30, 2022

By Peter Holmes

Real estate agent Ryan Park described the highest bid on Centrepoint Arcade at auction on Tuesday morning as "close, but not close enough".

The top bid for the CBD property at 226-232 Summer Street was $7.2 million.

As Park spoke to The Orange News Examiner negotiations were underway between the highest bidder and the seller.

Set on 1,000 square metres, it has a floor area of 2,050 square metres.

Centrepoint Arcade is being offered for sale for the first time in 21 years.

The auction was held in the Sydney CBD.

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