Windfall: From $30,000 to $1 million

  • A RUN-DOWN one-bedroom apartment in Bondi on the market for the first time in 30 years, has sold for almost $1 million.

Not bad when you consider the last time it sold it went for just $30,000.

The unit, described as “ripe for renovation” in its online listing, attracted more than 50 registered bidders to its auction on Saturday — and sold for $961,000 — a whopping $300,000 more than the price guide.

READ MORE VIA NEWS.COM.AU

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Located just minutes from Bondi Beach, the unit offers ocean glimpses. Picture: McGrathSource:Supplied

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