1 Carieville Street Balmain sold by Andrew Liddell and Adrian Oddi of BresicWhitney at auction "reflects the willingness among buyers to compete for high-quality premium properties."
The residence at 1 Carieville Street is a collaboration between interior designer Nina Maya and TW Architects. Director Tom Wills told LUXURY LIST WEEKEND, "We are delighted with the end result - a beautiful house of calm sophistication."
Source: BresicWhitneyCompleted in 2019 the home offers high-end living dining and entertaining spaces, including a billiards room, home cinema and swimming pool.
Over 200 groups inspected the polished four-bedroom residence during the high-profile four week campaign, managed by Andrew Liddel of BresicWhitney.
Source: BresicWhitneyThe on-site auction on 17th August was called by BresicWhitney CEO Thomas McGlynn in front of a crowd of over 100 people with 8 registered bidders.
Bidding opened at $6.5m before swiftly rising to $7.1m and concluding at $8m to the successful purchaser, a private owner-occupier.
Source: BresicWhitney"This is an incredible result for our client that reflects that while there are many macro-economic factors influencing the property market, an exceptional home will always have a buyer," Andrew said.
"From its first day on the market there was significant interest and intrigue in the property and with over 200 groups through our open homes, it was clear the buyers could see the value propostition of the residence," he said.
Source: BresicWhitney"To have a newly finished home by both an architect and interior designer in the centre of Balmain is hard to come by.
With ongoing constraints in the labour and building markets, 1 Carieville Street offered a luxurious, elegant and practical home that didn't require any structural or superficial improvements." Andrew concluded.
Source: BresicWhitneySet over three levels the approximately 300sqm property also has views over the Parramatta River and is an easy walk to Balmain Village and within proximity to Elkington Park.
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