Litigator Amanda Banton has bought this Darlinghurst dump.
Powerhouse litigator Amanda Banton is set to emerge as the mystery purchaser of one of Darlinghurst’s last decrepit Victorian terraces.
Word is after the uninhabitable five-bedroom Surrey St home sold for $4.6m that Banton engaged William Smart Architects to work on the restoration investment project.
The home attracted 18 registered bidders at its BresicWhitney auction despite needing $2m plus in renovation work.
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Amanda Banton.
A renovation is needed.
There were three bidders at $4.6m for the 278sqm property with 7.6m frontage. The hoarder home, offered with rooms cordoned off with danger tape, last traded in 1976 at $43,000. Darlinghurst had 40 sales over the past year at a $1.9m median, according to realestate.com.au.
Not too sure about the colour scheme.
Plenty of potential.
The Rose Bay-based lawyer has just kicked off her new Martin Place legal firm, Banton Group specialising in insolvency and litigation.
Her partners have made significant recoveries for clients, including $200m plus against Lehman Brothers and $215m against Standard and Poors. Banton Group recently acted successfully on a pro-bono basis to represent a grieving family excluded from the class action in the MH17 appeal.
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