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Superstar actor and film producer Cate Blanchett got her start on the Sydney property ladder in this Art Deco apartment block — here’s your chance to follow in her footsteps.
Blanchett sold her one-bedder on the ground floor of Brooklyn Flats at 152 Brook St, Coogee for $358,000 — $60k above reserve — in 2001.
Now the one-bedder on the top floor, 5/152 Brook Street, has hit the market and it’s much better because of its ocean view.
The 65sqm space is set for auction with a $1.1m price guide for a November 23 auction via Shane Vincent and Nick Simitzis of Belle Property Randwick.
“We’re getting interest from first home buyers, older couples and people who want a Sydney bolthole,” Vincent said.
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Blanchett was a first home buyer in 1996 when she snapped up unit 2 on the ground floor — being a company title block, records don’t indicate what she paid.
Yet it’s known that she sold it for $358,000 — $60k above reserve — five years later.
She’d met the playwright and director Andrew Upton the same year she bought the apartment, and soon after they bought a larger Coogee apartment for $441,000, sold it for $950k in 2011.
They’d already bought their $10m trophy home in Hunters Hill in 2004, which they’d sold for $950k in 2011,and then upgrading to $10m trophy home at Hunter Hill that sold for a suburb record of $18m in 2017.
The top-floor flat is owned by media and marketing professional Josanne Ryan, who admits she’s going to miss her longtime home.
“I’m moving to Newport, trading a view for a garden,” she said.
“But this is a fabulous location, close to Wylies Baths, the beach and cafes and just a hop, step and a jump to the city.”
She’s upgraded the kitchen and bathroom and the place has been newly carpeted.
Brooklyn Flats was built in the 1920s, and units in the well-maintained block of 12 rarely trade.
Though another one-bedder downstairs, with an inferior view, sold for $1.16m a month ago.
The post Cate Blanchett’s old home for sale appeared first on realestate.com.au.
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