The Block’s Mitch Edwards and Mark McKie to auction off North Bondi unit
Controversial The Block contestants Mitch Edwards and Mark McKie have listed their apartment for auction next month. The duo have struggled to find a buyer of their two-bedroom North Bondi unit.
NSW
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Controversial designer grandads Mitch Edwards and Mark McKie have listed their unsold North Bondi apartment for November auction, having secured their latest flipping project on the northern beaches.
The duo, who have slipped from being initial bookmakers’ favourites to win The Block 2019, have struggled to find a buyer of their two-bedroom North Bondi offering.
It was listed in January, just as they headed to Melbourne for the Channel 9 series.
The pair had paid $855,000 in July last year for the apartment, which has now been listed through Tony Dowling at Laing Real Estate. They have overseen a revamp of the decor.
The experienced flippers, who have sold 15 properties across Sydney over their 14 years together, have lined up their first project on the northern beaches at Newport, securing a 1970s home for about $1.7 million.
“Call us crazy,” Mark said heading into the acquisition.
They checked out the three-level, four-bedroom home three times before its purchase. Its elevated position has views to the coast.
There’s a self-contained living space on the lower level.
The couple have pocketed $3.5 million in gains from resales over the past 13 years, excluding $560,000 in stamp duties plus all the estate agent and conveyancing fees.
LUCKED IN
Anthony Lloyd, a partner at legal giant MinterEllison, has spent $2.12 million on a Southern Highlands weekender.
The Bowral property sits at the end of a circular driveway with a Japanese cherry blossom.
Built in the late 1990s, the four-bedroom home has a separate study with fire place. There is a gym with a built-in sound system.
Set in 8010sq m of gardens, the home had been on the market for five months with $2.2 million hopes before Highlands Property Bowral agent Sam Simpson took over the listing.
LOOSE LIPS
Renovation queen Cherie Barber, who appeared on Channel 10’s The Living Room, secured $6.3 million for her Birchgrove investment waterfront.
It was bought by Cynthia and Julian Parisi, the former Goldman Sachs investment banker who heads the family’s wholesale fresh food business. It sold after 50 days with a $6.5 million price guide.
The five-level home with four bedrooms, a home office, movie room and roof terrace, cost $4.05 million in 2014 before Barber undertook a renovation which included relocating its internal lift to enhance the views.
LEGEND
Former Home And Away actor Cameron Welsh and his partner, TV producer Julie McGauran, have made the move from Coogee to Clovelly.
They have paid $4.4 million for an 1890s grand Victorian residence that has been extensively renovated since trading for $2.37 million in 2014.
They are upgrading from their renovated 1920s Coogee home, which sold for $2.62 million.
McGuaran had been based in Coogee since 2005 when she paid $798,000, not long before she left her role as series producer of Home And Away.