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Bellevue Hill semi sells at auction for incredible price

Builder Danny Aron bought an old house for $7.5m in 2021 and put two new semis in its place — one of them sold last night for a price that shocked the auction room.

86B Bellevue Rd, Bellevue Hill sold for $8.85m at auction last night.
86B Bellevue Rd, Bellevue Hill sold for $8.85m at auction last night.

Builder Danny Aron bought an old house for $7.5m in 2021 and put two new semis in its place — one of them sold at auction last night for an incredible price.

The residence at 86B Bellevue Rd, Bellevue Hill fetched $8.85m.

“It’s the highest price for a semi in Bellevue Rd,” says Gavin Rubinstein, the TRG founder, who shared the listing with partner agent Evan Chung.

“The initial guide was $7m.

“We had six registered, with five active at Damien Cooley’s auction rooms and it was very strong bidding ... it just goes to show what can happen when you have a quality build in a good location.”

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‘Why I paid $1m over reserve’

The semis are built to the highest quality.
The semis are built to the highest quality.
Stunning views.
Stunning views.

Aron, who owns Cumberland Building, knew how to make the most of the 653sqm block, with each of the four-level semis being built to the highest standard with spectacular views towards the city skyline, Harbour Bridge and Opera House.

One of the semis will be retained by his family, with the other offered to the market.

Best finishes.
Best finishes.
A lift goes between all four levels.
A lift goes between all four levels.
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No wonder the home was popular — it offered four bedrooms, three bathrooms, double parking, high ceilings, walls of glass, natural stone, marble and timber finishes and a private pool.

An internal lift will take the new owner — a local downsizer — to the rooftop terrace, perfect for watching the New Year’s Eve fireworks.

Says Rubinstein: “Four of the five active bidders were local Chinese buyers, so it helped that Evan is fluent in Mandarin and Cantonese.”

Originally published as Bellevue Hill semi sells at auction for incredible price

Original URL: https://www.news.com.au/finance/real-estate/bellevue-hill-semi-sells-at-auction-for-incredible-price/news-story/07573f3c1020f8d4e1fff41872c90aea