A landmark Melbourne home has been purchased by a residential buyer with plans to renovate after transacting at an undisclosed price.
The luxury six-bedroom property, at 2 Kinane Street, underwent a successful five-week expressions of interest campaign, which saw a host of keen buyers take a liking to the magnificent residence.
Listing agent, Simone Howell, of Marshall White, helped facilitate the deal and she spoke of her delight at finding a buyer and the positive indication the sale signifies for Melbourne’s property market.
“It’s very pleasing to get such a great result and it shows there is still confidence in the market and money around for the right properties,” Ms Howell said.
“I’m thrilled! Thrilled personally, but most importantly thrilled for the team at Marshall White in Brighton, this is what we specialise in, high-end premium homes, and we are the market leader and it was a privilege and a pleasure to sell,” she said.
The property was listed with a price range of $16-17.5 million, and after purchasing, the successful buyer has big plans for the beachside beauty.
“It was a residential buyer that purchased in the end, and they have got plans to renovate, and I can’t wait to see what they do,” said Ms Howell.
“It will no doubt be absolutely amazing.”
The luxury property features two swimming pools, a gym, sauna, steam room and plenty more, and due to the fact that it was a mortgagee sale, it was possible to showcase the home in all its glory.
“Typically, with high-end properties, our vendors want full privacy and discretion, and many are sold off market for that reason.”
“But due to the nature of the campaign being a mortgagee sale, we had the privilege and pleasure of being able to take it to market.”
“So, it was great to be able to let everyone know about it, and let everyone participate and to get such strong activity and such a good result in the five weeks.”
2 Kinane Street, Brighton, Vic 3186
0419 542 978
Marshall White – Bayside