50 Kepos St, Redfern has a price guide of $1.3m for this Saturday’s auction.
Neighbouring deceased estates of a former South Sydney Mayor and his son are up for auction in one of Redfern’s best streets this Saturday.
Bill Hartup, who was Mayor of South Sydney between 1969 and 1981 and died in 2014, bought the charming double-fronted three-bedroom home on a 336sqm block at 54 Kepos St in 1969 with wife Eileen for $12,000 in 1969.
Then in 1980 they bought the two-bedroom home on a 107sqm block at No.50 Kepos St for circa $30,000, and six years later sold it to their son, Peter, who worked at Commonwealth Bank, for $55k.
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The charming facade of 50 Kepos St, Redfern.
The bathroom at No.50 needs a little TLC.
The rear courtyard also needs some love.
Now both Peter and his mother, Eileen, have passed away so both homes will go under the hammer one after the other at midday on Saturday via Simon Dahdah and Mark Foy of McGrath Surry Hills.
“We’ve already got seven pre-registered on each of the properties, with two parties registering to bid on both,” Dahdah said.
The smaller home at No.50, which is in a more dilapidated state than the other, has a guide of $1.3m. whereas the double-fronted home at No.54 has a guide of $2.4m.
Not surprisingly, the properties are attracting the interest of homeowners wanting to renovate and builders.
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The late Mayor of South Sydney, Bill Hartup
The double-fronted home at 54 Kepos St, Redfern has a $2.4m price guide.
No. 54 Kepos St is on a whopper 336sqm block.
No wonder renovators are keen on this one.
“We’ve had 200 inquiries for No.50 and over 260 inquiries for No.54,” Dahdah said.
“And we’ve even had a lady who grew up in the street interested in buying for her kids.”
The home is in the same street as a grand terrace owned by Sydney’s current Lord Mayor, Clover Moore.
She and husband, Peter, paid $45,000 for theirs in 1978, though they now live in nearby Moore Park Gardens.
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