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Tamarama owners cash in on $13 million beachside auction sale

Tamarama owners cash in on $13 million beachside auction sale
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Sydney auctions: Tamarama beachside apartment block sold for $13 million at auction

Bidding opened at $8.8 million, went up in increments of $500,000 and just 5 minutes and $13 million later, the block was facing demolition.

Sydney auctions: buyer pays $4 5m over reserve in Manly

A home seller has walked away with the deal of a lifetime after getting $4.5m above the lofty price they wanted at auction and even the veteran agents say the price was a “shock”.

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