An old housing commission terrace has been sold for a cool $ 1.64 million . Located in Sydney 's newest prestige suburbs , the Kent Street home in Millers Point is three of several recent properties sold under the hammer . It is the tenth Millers Point terrace to be sold under the New South Wales government plan to sell off public housing as prime real estate . For every house sold in inner city Millers Point , one could be built elsewhere in Sydney , the government says . But a resident claims 'relocating ' tenants will affect the housing waiting list .
An old housing commission terrace has been sold for a cool $ 1.64 million . Located in Sydney 's newest prestige suburbs , the Kent Street home in Millers Point is one of several recent properties sold under the hammer . It is the tenth Millers Point terrace to be sold under the New South Wales government plan to sell off public housing as prime real estate . For every house sold in inner city Millers Point , three could be built elsewhere in Sydney , the government says . But a resident claims 'relocating ' tenants will affect the housing waiting list .