Home Home Page Articles Sydneysider snaps up Semaphone water tower via Facebook Live

Sydneysider snaps up Semaphone water tower via Facebook Live

SHARE

Semaphore’s iconic water tower was auctioned onsite over the weekend, selling for $1.2 million.

The winning bidder was a 47-year old insurance broker named Daniel Johnson, who currently resides in Sydney.

As Johnson was unable to attend the auction, he had a colleague livestream it via Facebook.

Johnson told realestate.com.au that he was flying between Sydney and Melbourne when he noticed an ad for the sale of the water tower in a newspaper.

After some encouraging from his wife, the Johnson’s bid on the property.

- Advertisement - Not Real Estate News Group Content

“We are still in a bit of shock that we got it,’’ he said. “It feels fantastic just the fact that we bought a place that is one of the oldest places in Australia.’’

But Johnson and his family are still unsure what they will do with the property and are considering turning it into an art gallery, restaurant or accommodation.

The unique property boasts three bathrooms, parking for eight and stunning 360-degree views of the surrounding area.

It was originally built in 1880, delivering water to the LeFevre Peninsula for 20 years. In the 1900s, it was used for storage and to boost water pressure to assist local firefighters.

Vendor Ben Ali inherited the water tower from his grandparents.

His grandfather was from Czechoslovakia (now the Czech Republic) and arrived with a suitcase full of cigarettes he won by playing cards on the journey to Australia.

The sale was handled by Ray White agent Nick Psarros.

Source: realestate.com.au