Sydney property prices: Balmain harbour front home Brookfield sells for $16 million in new price record

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A historic home fronting Sydney Harbour has sold for about $16 million in Balmain East, making it the most expensive waterfront ever sold on the Balmain peninsula.

Historic Balmain East property Brookfield has sold for about $16 million, clocking a new waterfront high for the upmarket inner west suburb of Sydney.

The 1895-built two-storey harbourside property on Simmons Street last traded for $6.56 million in 2014, and was most recently sold by vendorThe property features 10-metre water frontage and panoramic views of the harbour that include the Sydney Harbour Bridge, Barangaroo and Luna Park. It also features two slipways and a boathouse.The four-bedroom, two-bathroom brick property was originally built for an Irish sea captain’s widow and her six children.

The property was sold by the director of Highland Double Bay, David Malouf, who remained tight-lipped on the identity of the buyer set to take the keys to the approximately 660-square-metre parcel.The house has stunning views of the Sydney Harbour Bridge.of $19.76 million belongs to non-waterfront Rothesay Estate.

 

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