A three-bedroom terrace that was kept by a nearby Paddington family – originally from France – for their guests to stay in when visiting Sydney sold for $3,075,000 at auction on Saturday.

Guided at $2.6 million, the home at 4 Queen Road was part of a deceased estate and was offered to market for the first time in 40 years. In this time, the terrace was not leased out or lived in but kept vacant for guests visiting the owners who lived around the corner.

The property sold for $375,000 above its $2.7 million reserve. There is no legal requirement for a vendor’s reserve to be in line with their property’s price guide.

Eight registered, and seven actively bid for the charming and livable residence without parking. Interest came from young families upsizing from apartments, along with a fe

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