Decades-old real estate mystery solved

A young American woman who was informed she had inherited a fabulous waterfront property on the other side of the world was sceptical at first.

But it wasn’t the start of another Nigerian email scam, it was the denouement of an Australian real estate mystery that has had agents stumped for two decades.

A harbourside apartment in Sydney’s inner west that had been rented out on behalf of a faceless landlord for 22 years sold at auction on Tuesday, after a private investigator tracked down its young owner in the US.

Ray White director Chris Wilkins told AAP the woman, now in her early 20s, had inherited the Drummoyne property on her mother’s death when she was a little girl.

Rent collected at the property had gone into a trust account since then but the agency had lost track of the apartment owner’s whereabouts, Mr Wilkins said.

“Ten years ago when I took over the property I made it a point that I would find this owner,” he said, adding that his first conversation with the woman “wasn’t easy”.

“We persisted and persisted and I think in the end she thought ‘This bloke’s not going to go away’,” he said.

The sale of the property to a young Australian woman was “a nice feeling”, he said.

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