Sold by Dino Gatti and Adrian Garcia of The Agency, who told WILLIAMS MEDIA, "The Lower North Shore is high on everyone’s list.”
This tri-level North Sydney terrace has been sold by Dino Gatti and Adrian Garcia of The Agency prior to auction for around $4M, at the top end of the expected sale range.
Source: The AgencyOn the market for the first time in over 40 years, the home was built 140 years ago for the Whaling Company and showcases grand Victorian proportions and characteristics, including marble fireplaces and elegant original detailing.
Source: The AgencyThe home sold prior to the end of the planned 5-week auction campaign, Dino Gatti told WILLIAMS MEDIA, with 18 in-person inspections held twice a week in 1 hour blocks due to Sydney’s lockdown restrictions.
“There was loads of interest,” Dino explained to WILLIAMS MEDIA. “Grand Terraces always have a following due to well proportioned rooms, high ceilings and Victorian architecture.”
“The market in the area is very strong, as the convenience to North Sydney, City CBD and harbourside attractions makes the Lower North Shore an area high on everyone’s list.”
Source: The AgencyAlthough interest in the home was across the board, the eventual purchasers were upsizers looking to start a family.
The family-friendly home enjoys a deep 371sqm (approx.) block and features off street parking, 4 bedrooms, multiple living spaces, dine-in kitchen, entertainers' deck with park views, and a lower level family room which opens to the garden terrace.
Source: The Agency“We had interested buyers downsizing from Upper North Shore, expats from Singapore who loved the street because it reminded them of Singapore, off-shore and local investors finding a property to park some money and a few families with children who go to local private North Sydney schools, Wenona and Shore.”
Source: The Agency“The vendors have owned this property for over 40 years, raised 4 children and although it was a hugely emotional decision to sell, they are extremely happy they have sold in a strong market to a young couple looking to raise the next generation in the same house,” Dino told WILLIAMS MEDIA.
To view the listing or for more information click here.
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