The Packers purchased a 1970s Guilford Bell house in The Vaucluse, Sydney, last month. For a rumoured $18M. The Sydney Morning Herald, along with the neighbours, reckon they will demolish and rebuild before setting up camp. Why? Well it’s so… 1970s. When the Woolhara Council proposed a heritage listing in 2006, the then owner’s valuer argued that it would lower the value of the property by $4M. Apparently the colonnade is very out of fashion.
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