Sunday 26 June 2016

Sydney grandmother rejects $26m offer on home

Sydney grandmother rejects $26m offer on home

An 82-year-old woman has knocked back an estimated offer of $26 million for her home in northwestern Sydney, saying she simply doesn’t want to sell up. Ruth, a retired school teacher who did not want her surname to be disclosed, lives on a 2500 square metre block in Castle Hill, opposite the planned train station. Across the road, a consolidated block of five properties sold in late 2014 for $20.5 million. But the mother-of-six’s elusive property is proving especially attractive to developers because the site is zoned for double the density.
Read more: http://www.9news.com.au/sitecore/content/news/news/national/2016/06/25/12/21/sydney-woman-rejects-back-26m-offer-on-home?source=Snapzu

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