Mosman Electricity Substation Block Listed for $475,000

A 101-square-meter block of land in Mosman containing a functioning electricity substation has been listed for auction with a guide price of $475,000.



Photo Credit: BresicWhitney

Located at 37 Vista Street, the Mosman property is among eight similar sites across Sydney’s prestigious north shore suburbs being sold off by what’s understood to be an Ausgrid subsidiary. These properties are being marketed as opportunities in highly sought-after locations despite their small size and unusual features.

Photo Credit: BresicWhitney

The block, zoned R2 – Low Density Residential, is scheduled to go to auction on April 30. It features a live electricity kiosk that will remain operational, with easements allowing maintenance workers access for repairs.

Photo Credit: BresicWhitney

BresicWhitney’s Director Scott Thornton and Sales Agent Eliza Fitzpatrick are handling the sale. The official listing describes it as “a rare and intriguing offering” presenting “one of the most unique opportunities to hit the Lower North Shore in recent memory—its previous purpose now giving way to future possibilities, whether as an acquisition for immediate neighbours or something more ambitious.”

Photo Credit: BresicWhitney

These substation blocks have generated significant online controversy, with social media users expressing reactions ranging from bemusement to anger. Critics have called the sales “disgusting” and examples of “greed,” while others questioned the practicality and safety of building homes around active electrical infrastructure.

Photo Credit: BresicWhitney

The property sales have also sparked debate about missed opportunities for public space, with some residents arguing these small parcels would better serve communities as green spaces.

Photo Credit: BresicWhitney

According to the original draft article, Belle Property agent Simon Harrison, who is coordinating most of these unusual sales, stated: “There’s nothing to compare them to. I’ve never sold anything like them.”



Three of the eight sites are scheduled for auction this weekend, with local sources suggesting at least one could sell for more than $700,000.

Published 22-April-2025

Mosman Local Secures “Knockdown” Property After Auction

A hotly contested auction for a Mosman deceased estate ended with a local resident outbidding six other hopeful buyers, paying $16.1 million for what agents describe as a likely “knockdown” property.



The three-bedroom house at 13 Stanley Avenue, situated on the prestigious Balmoral slopes, attracted significant interest primarily due to its elevated position offering uninterrupted ocean views. The property had remained in the same family for 65 years before coming to market.

Photo Credit: Atlas

Despite rainy conditions, four Mosman locals participated in the indoor auction where bidding opened at $10 million. The price quickly exceeded the $11.5 million reserve—a figure aligned with comparable sales in the area. As the auction progressed, bid increments ranged from $500,000 down to $100,000, with the final two buyers exchanging $100,000 bids until the hammer fell at $16.1 million.

Photo Credit: Atlas

“We didn’t have much guidance because the property was always going to be sold [at auction],” said selling agent Adrian Bridges of Atlas Lower North Shore.

Photo Credit: Atlas

The property’s value lies primarily in its location rather than the existing structure, with Bridges noting it was “probably a knockdown.” Buyers showed remarkable confidence investing in Stanley Avenue, which currently holds the Balmoral price record of $33 million.

Photo Credit: Atlas

“This will ultimately become a trophy home,” Bridges explained. “For this one to sell at this level speaks to the buyer’s confidence that a finished product is going to be up in the sort of $30 to $40 million range.”

Photo Credit: Atlas


The auction was part of a busy week in Sydney’s property market, with 1402 properties scheduled for auction. Domain Group reported a preliminary auction clearance rate of 66 percent from 848 reported results, with 187 auctions withdrawn.

Published 31-March-2025