The Sydney agent is smartly boxing for his next $50 million sale – realestate.com.au

Gun salesman Alex Lyons has been fired after selling $800 million worth of properties this year, including $200 million in the past two weeks.

And the 29-year-old ex-rugby league player turned Raine and Horne Double Bay heavyweight, currently on a 75-day fitness challenge, is far from done for the year, with his eye on a looming sale of more than $50 million.

“I’ve lost eight kilos in two weeks and I’m as fit as I was when I was playing football,” says Lyons.

“I get up at 5 in the morning, meditate, do my exercises and then go to work… it gets results.”

He is a big fan of the government’s eight-month-old LMR policy. The aim is to bring low-cost and middle-class housing close to public transport and shops.

Homeowners, some of whom had owned their modest homes since the 1970s, became millionaires overnight as apartment developers entered the scene.

One of his recent sales to Rose Bay was a Dover Rd-Wilberforce Ave site with five houses and two condominiums that fetched $150 million and was earmarked as a retirement home.

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Alex Lyons has sold $800 million worth of real estate this year, including $200 million in the last two weeks. Photo: Jonathan Ng

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Alex Lyons. Source: Instagram.

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But he has now shifted his focus to a combined 2,000 sqm site comprising 3,5,7 and 9 Richmond Rd, Rose Bay, which with colleague Steven Henderson is priced at $50 million to $55 million.

“It’s better than many of the others available, overlooking the harbor,” Lyons said.

“And it’s the quieter side of Rose Bay. You can still walk to Woolies, but it’s not as busy, on a quiet tree-lined street.

“It is definitely one of the best sites to come available in Rose Bay.”

It’s not always easy to get everyone in their sights to agree to a sale, and some agents are talking about market saturation as homeowners seize the opportunity to double the value of their properties by working with their neighbors.

But Lyons has a clear opinion: he knows how to identify the best properties for apartment development, and also that money talks.

“The good sites will always sell,” he says.

The Richmond Rd properties offer view corridors to the harbour.

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“Everyone who has their home in a rezoning area thinks about it, but it comes down to which sites pile up, getting enough people to agree, determining the width and frontage and getting the right aspect and view that will appeal to developers.”

He says it was a no-brainer for the homeowners on Richmond Rd who had three houses and a block of six 1920s flats.

One of the houses was on the market for 76 days two years ago without success, and one of the apartments was on the market for 43 days in September.

“Everyone was largely in agreement, they will double their value,” he said.

“And we already have three interested parties who are doing their due diligence.”

Property records show No.3 Richmond Rd is a three-bedroom bungalow on a 457sq m block bought by the Shand family for $1.5 million in 2009.

No.5 is a block of six units on a 636 m² block.

No.7 is a three-bedroom house on a 336m² block that was bought by the Klein family in 2009 for $1.6 million.

And No.9 is a four-bedroom house on a 569 sqm block that was bought by the Tracton family in 2005 for $2.05 million.

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