Waterfront Home in Birchgrove Tops the State with $7.225M Sale

 

Waterfront home in Birchgrove tops the state with $7.225m sale

This stunning home at 31 Wharf Rd in Birchgrove sold for $7.225 million.

A WATERFRONT home in Birchgrove has sold under the hammer for $7.225 million, the top sale across NSW for the week.

The four-bedroom house at 31 Wharf Rd, named Clevedon, drew in five registered bidders, with four actually competing.

There were over 150 people present to witness the sale, with selling agent Lynsey Kemp of Belle Property Balmain describing the auction as “quite competitive”.

Waterfront home in Birchgrove tops the state with $7.225m sale

Imagine relaxing in the backyard.

The majority of interested parties were either older couples or young families, with the house selling quite above the reserve, added Ms. Kemp.

A young couple with kids from the north shore were the eventual buyers, with 33 contracts issued over the campaign and 150 groups through inspections.

Waterfront home in Birchgrove tops the state with $7.225m sale

There are views of the bridge from almost every room.

It was a massive sale for Birchgrove, which has a median sale price of $2.23 million, according to CoreLogic data.

The biggest selling point of the home was the views of the Harbour Bridge, said Ms Kemp, as well as the potential to expand and add value.

“It was very rare — you might not get an opportunity like this again for a long time,” she said.

Waterfront home in Birchgrove tops the state with $7.225m sale

The large kitchen and dining area overlooks the water.

It was sold with Kristyn Brennan and last changed hands in 1997 for $2.025 million.

The price eclipsed the next biggest sale by $925,000, with an unrenovated colonial home at 46-48 Argyle Place in Millers Point selling for $6.3 million.

SOURCE: Realestate.com.au
POSTED: December 14, 2017
AUTHOR: Owen Roberts

@Luxury Estates – experts on visionary marketing of Australia’s most luxurious real estate for sale

 

 

Australian Luxury Estate News
Related Posts
Waterfront Home in Birchgrove Tops the State with $7.225M Sale