Everything must go: More than 400 people attended the auction preview at the seven-bedroom Killara home. Photo: Britta Campion
The entire contents of a Killara home go under the hammer from noon on Sunday, giving collectors and bargain hunters an opportunity to buy art, furniture, antiques, doors, light fittings, a whole kitchen with the sink included and even lengths of gardenia hedge.
More than 400 people attended the auction preview on Saturday at the sprawling seven-bedroom home with a tennis court and swimming pool. The 1940s mock-Tudor pile, on a 2950-square-metre site overlooking the Killara Golf Club, will be razed to make way for apartments.
The 605 lots include the contents of the wood-panelled dining room and living room. There is Victorian silverware, a 14-metre Persian runner and scores of Chinese furniture and art pieces, which would satisfy the growing local market for Asian collectables.
Two Mercedes cars are also for sale. Photo: Britta Campion
A Ming Dynasty bronze figurine is valued at between $25,000 and $30,000, while a Huanghuali coffer is expected to fetch up to $12,000. A horseshoe-back chair in the same yellow-wood style is valued at $15,000. Similar pieces of Victorian furniture might fetch 10 per cent of that.
Three John Olsen works are valued at about $2600 in total, and a Brett Whiteley calligraphy-style work is earmarked for between $10,000 and $15,000. Margaret Olley's Reclining Nude is set to sell for between $25,000 and $35,000. A Banksy print is valued at $300.
Thirty metres of sandstone flagging is valued at between $180 and $250, while the entire contents of the shed, including a mower, are a steal at between $40 and $60. Two Mercedes cars parked in the driveway are also for sale, but have come from deceased estates in Mosman.
Treasure trove: Total sales are expected to pass the $300,000 mark. Photo: Britta Campion
Shauna Farren-Price, business manager at Lawsons, the auctioneer firm which is managing the sale, said traditions regarding inheritance were changing in a city where space was at a premium.
''I hear it time and time again: 'The kids don't want it, they've got their own taste','' she said. ''A lot of children don't want granny's or mum's second-hand antiques - they'd rather have the cash.''
She expected total sales to pass the $300,000 mark. The vendors, a family who have relocated to a harbourside home, are understood to have been under pressure from investors since they moved into the property more than 12 years ago.
Everything AND the kitchen sink: 605 lots are lined up for sale at auction. Photo: Britta Campion
Neighbours also came by to browse, keen to see what developers have bought for $5.7 million.
The Lawsons managing director, Martin Farrah, said the north shore was increasingly gaining the attention of developers. Combined with ''semi-loose council restrictions'', older homes on large plots of land close to transport links and assets such as golf courses were prime targets, he said.
For those with an eye on the seven lots of hedges and mature trees for sale: bring a spade. All items must be removed from by 4pm on Monday.