Update on Newport Beachfront.
You may or may not remember the post called Newport Beachfront (aka 1 Myola Road). Funnily enough, it's the post I get the most hits on, not entirely sure why. The place is amazing but there are others on this blog that I think are better. Anyhoo, like a lot of the top end properties that have been languishing on the market in recent times, there's been a renewed push to offload this place. The property received editorial in the Saturday Manly Daily (17/09/2011) and the price guide was listed as being "in excess of $10 million". This was what I had said it was likely to be in the original post but thought I'd confirm that as it's illustrative of the market in general. 1 Myola Road, Newport is most certainly on par with 7 Calvert Parade, Newport which fetched $12 million in an iffy market.
So there you go.