first_img2/15 Griffith Street, New FarmA LUXURY apartment on a tightly held riverfront street has sold for more than $1.5 million.A local family bought the three-bedroom unit at 2/15 Griffith St, New Farm, for $1.575 million.It was listed for sale in April.Ray White New Farm sales consultant Karla Lynch said it was on the market for such a long time because the seller was looking for a particular price.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019“What we were selling was really the position and the building and the fact that you can’t get it anywhere else,” she said. 2/15 Griffith Street, New FarmShe said it generated a lot of interest, particularly among local people because they understood how rare it was to snag a property on the tightly held riverfront street.“We had about 150 groups go through the apartment,” Ms Lynch said.The buyers were going to rent it out for a few years before moving in once their children left the family home.“They wanted to make sure they were able to buy now rather than look at the market in three to four years and prices change even more dramatically,” Mrs Lynch said.She added that the location was in high demand.last_img

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