Bought for $74,000, sold for $7.4 million

  • THE home of well-known Watsons Bay local Billy Dunn has sold for $7.45 million at auction, well above its original $6 million price guide.

Mr Dunn bought the property at 23 Marine Pde for just $74,000 in 1976 and at the time, it was just a simple fisherman’s-style cottage.

Selling agent Mark Daley of BradfieldCleary told the Wentworth Courier a number of bidders registered to bid on the property and it came down to just two who fought hardest to secure it.

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Watsons Bay

The Watsons Bay home of Billy Dunn at 23 Marine Pde front onto the water.Source:Supplied

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