9/50-60 Clark Road North Sydney NSW 2060

THE VENDOR of townhouse number 9 at 50 Clark Rd was “ecstatic” with the $1.67 million paid for her North Sydney investment on Saturday.

Northern Beaches-based Ms Algar’s 1994 property sits on five different split levels, with the bonus of multiple living areas, and thus there was no surprise that a young professional couple were victorious at an auction that saw 14 registered bidders in all, most of whom were couples and young families.

The townhouse sits over five demi-levels.

As a sure sign the house is a good one, the buyers were actually a couple of architects! Both felt the property was high quality.

Thirty-eight-year-old Beijing-born Sean and his wife Janice have moved from Dee Why, and can’t wait to make the most of the fantastic coastal bush walks and running trails in the area.

They also plan to have a family in the home.

The private courtyard offers privacy and seclusion.

Ray White listing agent Nathan Westerbrinksaid the “exceptional” auction result — the price paid being $170,000 over the $1.5 million reserve — highlights the demand for an alternative to the freestanding house on the Lower North Shore, for those city professionals unable to finance the area’s high-end housing.

MERLIN CASTS A SPELL ON BUYER

There was a little bit of magic going on when 1/76 Merlin St managed to sell before auction for $840,000 recently.

No. 1/76 Merlin St, Neutral Bay.

The one-bedroom boutique apartment in Neutral Bay had a price guide of $750,000 to $825,000 during its four-week campaign.

The vendors, for whom the property was an investment, had originally paid $518,000 for the flat ($17,000 under the guide) back in 2011 after it had sat on the market for a whopping 148 days.