Hunters Hill mansion sells under the hammer for $8.66 million
A gorgeous waterfront mansion in Hunters Hill has sold at auction for $8.66 million.
It was one of 2431 auctions scheduled across the nation’s capital cities this weekend, which represents a significant uptick in auction listings compared to seven days ago (up 56.8 per cent).
The increase in properties headed to auction was thanks mostly to Melbourne, Canberra and Adelaide returning to normal after all three capital cities celebrated public holidays last weekend.
With four bedrooms, four bathrooms and uninterrupted, sweeping views of Lane Cove River, 23 Bonnefin Road presented as a quintessential example of a blue-chip waterfront property in Sydney’s inner northwest.
With an enviably large 967.5-square-metre block, the elegant home also came equipped with a list of luxuries commensurate with its realised sale price.
Features included a double garage with lift access to the home’s main structure, an indoor pool and spa, sauna and a grand master suite.
According to selling agent Lee Dowdall of The Agency Hunters Hill, the glorious family home attracted the attention of several interested parties, with five groups registering to bid at the sales event.
Bidding kicked off at $6.8 million, with four of the five registered parties actively participating in the auction.
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The strong result is indicative of Sydney’s seemingly endless demand at the top-end of the market.
Another home that sold under the hammer was an arresting Victorian-era abode in Rozelle, which achieved a sale price of $3.85 million.
With a charming street-facing facade, 207 Evans Street represented a compelling blend of old world and new, with the double-frontage residence benefiting from a thoroughly modern interior makeover.
Selling agent Peter Gordon of CobdenHayson Balmain said a number of keen parties had registered interest in the property during the sales campaign, and it was a positive result for both the vendor and the home’s new owners.
In Melbourne’s inner south, a two-storey terrace house in the trendy locale of Balaclava sold under the hammer for $2.206 million, eclipsing its quoted price guide of $1.9 million to $2 million and smashing its $1.95 million reserve in the process.
The sales event of 6 Gourlay Street attracted a crowd of around 35 people, who listened eagerly to auctioneer Matthew Young of Buxton St Kilda list the home’s many features and benefits.
Once the spiel was over, Mr Young didn’t have to wait long before one enthusiastic party kicked off proceedings with an inaugural bid of $1.9 million.
Moments later, a barrage of bids erupted from the small enclave of onlookers as three parties vied for the desirable Victorian-era house.
At the $1.95 mark, Mr Young declared the home was on the market, and not too long after that statement, the sale price had reached its $2.206 million climax.
Across town in Melbourne’s southeast, a three-bedroom, two-bathroom townhouse in Oakleigh sold at auction for $1.52 million.
The sale price of 41 Estelle Street surpassed its quoted price guide of $1.28 million to $1.33 million by a not unsubstantial $192,000.
The seven-figure sum also eclipsed the vendor’s reserve of $1.36 million, which, notably, was $30,000 more than the top-end of the quoted price range.
More than 50 people turned up to watch the auction of the contemporary home in Melbourne’s southeast.
Auctioneer Charlie Darlow of Buxton Oakleigh initiated the sales event by asking attendees for an opening proffer.
One eager individual placed a bid of $1.15 million. However, Mr Darlow immediately countered with a vendor bid of $1.2 million.
From there, a steady stream of bids from no less than four different parties flew in, with one individual in particular bidding strongly, placing offers in increments of $20,000 and $40,000 when others would only bid $10,000.
Two parties dropped out at the $1.4 million mark, leaving just two motivated bidders to offer numerous retorts to secure the home.
Ultimately, the individual who had been bidding stronger than any other group during the auction won with a proffer of $1.52 million.
Not all auctions across the nation were able to sell under the hammer, however.
A generous family home in Kingsford in Sydney’s inner east passed in at auction for $3.67 million.
According to Peter Shaw of Harcourts Byrnes Marsh Shaw, 12 Norton Street, replete with five bedrooms, three bathrooms, and a host of amenities, attracted good interest during the sales campaign.
With a small crowd attending the auction, two registered parties took part in the sales event, with bidding kicking off at $3.5 million.
Although the two-storey brick abode, just minutes away from the University of New South Wales and Coogee Beach, ultimately didn’t sell at auction, Mr Shaw said negotiations were ongoing, and he was quietly confident a deal could be done.
“We’re now up to $3.885 million and still trying to negotiate a deal,” Mr Shaw said.
“Ideally, the vendors would like $4 million, and we’re getting closer and closer to that figure.”
Back in Melbourne, a four-bedroom mansion in Brighton East passed in at auction without a single bid, later selling following negotiations for an undisclosed sum.
The sales event of 38 Summerhill Road was not an overly well-attended one, with around 50 people turning up.
Auctioneer Halli Moore of Buxton Real Estate Brighton spoke at length about the home’s many features, which included an expansive pool, double car garage and an enviable kitchen and dining area.
Mr Moore asked the crowd to start the auction with an offer, but an advance never came.
A vendor bid of $3.6 million was then placed in an attempt to jump-start any potential bidders in the crowd, but nothing ever eventuated.
The avant-garde property was passed in a few moments later.
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