Award-Winning Whale Beach Pad Smashes Reserve by Over $1,000,000

A stunning home on Sydney’s Northern Beaches sold for $6,850,000 – more than $1,000,000 over reserve – at a hotly contested auction last night.

The brand new four-bedroom property, at 24 Beauty Drive, drew attention from buyers all across Sydney, but it was eventually a local buyer who placed the highest bid and successfully secured the coastal retreat for themselves.

Peter Robinson, of LJ Hooker, said that he had been kept a busy man by the luxury home, with its location and quality amongst many reasons why buyers were so intent on purchasing the stylish pad.

“It is on what is probably Whale Beach’s quietest street, it has a beautiful due north aspect and is tucked away up on the ridgeline,” he said.

“The house has been architecturally designed and it is brand new, having just been recently completed to a very high level of finish,” said Mr Robinson.

With few homes of a similar calibre up for grabs in Whale Beach, this spacious 830 sqm sanctuary really captured the market.

“The rarity of this home is that there are just very few newly built properties that sell in this area. A lot of them are older cottages and beach houses that have sold, generational type properties,” said Mr Robinson.

That led to a host of parties registering an interest in the property, with Mr Robinson confirming that four buyers ended up battling it out last night, all with their eyes on the prize.

“There was certainly strong interest with over 70 inspections, seven contracts out and four groups bidding at auction,” he said.

“We had a mix of interest. A lot of people were looking to purchase the property as a holiday house with many of the buyers coming out of the Eastern Suburbs and the North Shore,” said Mr Robinson.

So with local buyers sealing the deal for the classy home and looking to live there as a permanent residence, it is time for everyone to crack open the champagne, and with a final sale price of more than $1,000,000 over reserve, the vendors might have a couple of bottles…

“It’s fair to say that the vendors are pretty happy!” said Mr Robinson.

Address

24 Beauty Drive, Whale Beach, NSW 2107

Agents

Peter Robinson – 0401 219 077
Dennis Kennelly
LJ Hooker

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