Win $2 million home or take $2 million in gold for only $5
By: RSL Art Union
The newly built two-storey, three-bedroom family home is 5km from Sydney's CBD, has two off street car parks and boasts city skyline views.
Sydney-siders set a record in 2016 when an RSL Art Union $3.8 million prize home at Freshwater sold out early.
RSL Art Union general manager Tracey Bishop said the chance to own property in Sydney's housing market for the price of a cup of coffee was too good to pass by for many Australians who felt owning their own home was no longer achievable.
"With $1.7 million the median price for a home in Lilyfield in Sydney's inner west, there's no doubt that many people feel out-priced by the housing market," Ms Bishop said.
"We also selected the property in Lilyfield because the inner western suburb is one of the most in-demand hot spots for renters in Sydney.
"Whoever wins this prize can expect to receive an estimated $62,000 a year if they decide to rent it out."
The home, in May Street, is walking distance to local cafes, shops and weekly food markets.
It has been styled with $59,135 worth of furniture and electrical appliances and open-plan living, dining, kitchen and al fresco areas.
"It also has a back yard, which is a rare commodity in Sydney," Ms Bishop said.
Apart from the 165m2 home, the winner will also receive $50,000 in gold bullion to spend as they wish, $5000 towards the first year of rates and water and more than $85,000 to cover transfer duty fees and legal costs.
"The winner would also have the option to take the entire value of the prize home - $2 million – in gold rather than keep the property," Ms Bishop said.
"That would be enough to take an all-inclusive, five-star holiday for three years, start a luxury car collection or pay off your existing mortgage and live debt-free.
"This is a genuine life-changing windfall for whoever wins this prize."
Tickets are $5 and are on sale until 3 July 2018 or until sold out. View the property and buy tickets at www.rslartunion.com.au or call 1300 775 888. The prize will be drawn 11 July 2018.
High resolution images of the property are available here:
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