Property Advert of the Week: "El O'Livio", Tamarama (1971)

Below is a 1971 newspaper advertisement for the "El O'Livio" at Tamarama. It was advertised as located in Bondi. Two and three-bedroom apartments were on offer from $22 000, which would be equivalent to one spending $291 500 today (RBA Inflation Calculator). 

 

Source: Parkes Sales Pty. Ltd. 1971. "El O'Livio" ( Advertisement). The Daily Telegraph, June 5: 42.

Property Advert of the Week: 3 Pacific Avenue, Tamarama (1971)

Below is an advertisement for 3 Pacific Avenue in Tamarama dating from 1971.

Source: Parkes (Sales) Pty. Ltd. 1971. Untitled (Advertisement). The Daily Telegraph, June 12: 42.

What is disappointing is the absence of a photograph of the views from the apartments as it is located on one of the best streets in the suburb, which includes ocean views.

Apartment 14 was sold in January for around $1.5 million, which is a outstanding return on the $22 000 spent in 1971.