The Sydney agent boxing clever for his next $50m sale

Alex Lyons has lost 8kg in the first two weeks of his 75-day fitness challenge. Source: Instagram.

Gun sales agent Alex Lyons is fired up, having sold $800m worth of property this year, $200m of them in the past two weeks.

And the 29-year-old ex rugby league player turned Raine and Horne Double Bay heavyweight, currently on a 75-day fitness challenge, is far from being done for the year, with his eye on a looming $50m+ sale.

“I’ve lost 8kg in two weeks and and I’m as fit as I was when I was playing footy,” says Lyons.

“I’m up at 5am, meditate, do my exercise, and then into work … it’s bringing results.”

He’s a big fan of the Government’s eight-month-old LMR policy. That aims to bring low to mid-range housing close to public transport and shops.

Homeowners, some who have owned their modest cottages since the 1970s, have become millionaires overnight as apartment developers swooped.

One of his recent Rose Bay sales was a Dover Rd-Wilberforce Ave site of five houses and two blocks of flats that fetched $150m, destined to be an aged care home.

MORE:

Ex pub baron loses last part of empire

Alex Lyons has sold $800m worth of property this year, $200m of it in the past two weeks. Picture: Jonathan Ng

3,5,7,9 Richmond Rd, Rose Bay has a $50-55m price guide.

But now he’s turned his focus to a 2000sqm amalgamated site, consisting of 3,5,7 and 9 Richmond Rd, Rose Bay, which has a $50m-55m price with his colleague Steven Henderson.

“It’s better than many of the others available, with its view corridors to the harbour,” said Lyons.

“And it’s the quieter side of Rose Bay, you can still walk to Woolies, but it’s not as congested, in a quiet tree-lined street.

“It’s definitely one of the best sites to become available in Rose Bay.”

It’s not always easy to get everyone in their sights to agree to sell-up, and some agents are talking of market saturation as homeowners cotton on to the opportunity to double the value of their properties by teaming up to sell with their neighbours.

But Lyons has skin in the game: he knows how to identify the best properties for apartment development, and also that money talks.

“The good sites will always sell,” he says.

The Richmond Rd properties offers view corridors to the harbour.

“Everyone that has their house in a rezoning area is thinking about it, but it comes down to what sites stack up, getting enough people to agree, getting the width and frontage and getting the right aspect and views that will appeal to developers.”

He says it was a no-brainer for the Richmond Rd homeowners of three houses and a 1920s block of six flats.

One of the houses had been on the market for 76 days on the market without success two year ago, and one of the apartments was for sale for 43 days this September.

“Everyone was mainly on board, they’re set to double their value,” he said.

“And we’ve already got three people interested, who are doing their due diligence.”

Property record show that No.3 Richmond Rd is a three-bedroom bungalow on a 457sqm block bought by the Shand family for $1.5m in 2009.

No.5 is a block of six units on a 636sqm block.

No.7 is a three-bedroom house on a 336sqm block bought by the Klein family for $1.6m in 2009.

And No.9 is a four-bedroom house on a 569sqm block bought by the Tracton family for $2.05m in 2005.

MORE:

Style duo list Darling Point mansion

The post The Sydney agent boxing clever for his next $50m sale appeared first on realestate.com.au.