Luxury character home in St Kilda East home sells for $3m+
A grand St Kilda East property sold “well in excess of $3m” after hot competition from five family buyers.
The solid-brick home last sold for just $730,000 back in 2007.
But after 14 years and some extensive renovations, it “handsomely exceeded the vendors expectations,” Kay & Burton agent Adam Cashmore said.
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The 235 Alma Rd residence was listed with price hopes of $2.75m – $2.8m before “high buyer demand” brought the sale forward a week, to a Thursday night auction.
“It was the right time, right place for this house to hit the market,” Mr Cashmore said.
“There was nothing in the area that could compete with the impressive renovations or liveability of this spectacular home.”
It attracted 12 interested parties but just five were able to compete for it on the day.
A whopping 68 bids were placed before it was called on the market at $2.85m.
Mr Cashmore said the hammer fell for an undisclosed price north of $3m, with a young family taking home the keys.
“(They) fell in love with the stunning home, it’s generous proportions and pool – just in time for summer,” he added.
The vendors had extended the elegant abode into a two-storey, five-bedroom family home with “relaxed and inviting interiors that combine original period features”.
It also offered buyers three living spaces, and glass doors that open directly to a spacious timber deck.
The covered alfresco dining overlooks the garden and swimming pool.
“Positioned in this highly convenient location, this home is close to a range of shopping precincts including Malvern and Armadale shops and cosmopolitan Chapel St,” the listing adds.
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