Positioned on 1013 square metres at the end of a private road, the stunning four-bedroom house opens to a level lawn leading to the waterfront.

There is a pool, gym, media room and parking for six cars.

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Impressive in scale and design, the striking contemporary waterfront home with breathtaking views achieved a big result in the zoom aution.

It only took one inspection for a family from Sydney’s inner west to decide they’d found their new home but it took a marathon to secure it.

After a gruelling 274-bid auction on Saturday, the buyer finally knocked out persistent underbidders by paying $6,151,000 for their dream waterfront home.

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McGrath St George agent Hayden Duncan was shocked by the result which was almost $2 million over the reserve of $4.2 million.

“We knew we had deep interest in the home but clearly the result took us by surprise,” he admitted.

"The bidding opened at $4.2 million, right on the reserve. It got there very slowly - it took 50 minutes – but those buyers just decided they wanted it and wouldn’t let go.”

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The auction was held online via Zoom. with 19 registered bidders, five of whom participated in the auction.

Hayden said the technology didn’t appear to phase bidders or hold buyers back, “It’s a format buyers have warmed to quickly.” 

The outstanding result has set a new record for the street. “Kangaroo Point is a hidden gem,” Hayden concluded. “We’re seeing a trend of buyers moving south for a better lifestyle.”

To view listing or for more information click here.

For enquiry please contact Hayden Duncan or Olivia Duncan of MacGrath St George via the contact forms below.

Related reading:

John McGrath – Suburbs flying under the radar

Northern Beaches waterfront home sold prior to auction for $8.57 million - McGrath

John McGrath – Financial Year Wrap & Key Trends Ahead