Period-style Melbourne mansion snapped up for $4.58m

 Period-style Melbourne mansion snapped up for $4.58m

A five-bedroom period home in Melbourne’s inner east has been purchased for just under $4.6 million by an overseas buyer.

The picturesque property at 75 Studley Park Road had been listed for sale with several different agencies over the last 14 months before a buyer finally met the vendor’s dream sale price.

RT Edgar Boroondara’s team of Annabelle Feng and Chris Kavadis helped get the deal over the line, with all parties delighted with the eventual outcome, especially the buyer who even sent a handwritten letter of thanks to the pair.

“It was a tough sale because the only offers we received to begin with were around $3.9-4.01 million,” Chris says.

“But myself and Annabelle both went above and beyond to get the house sold,” he says.

“We were doing open homes every other day and really putting the hours in.

“Fast forward a few weeks and we had two offers come in at the range of $4.2-4.62 million.”

The sellers were seeking a minimum of $4.5 million for their family home which features a pool and a separate detached premises out the back.

“Eventually we had an offer from a Chinese buyer who is currently overseas for $4.58 million,” Chris says.

“The vendors are wrapped, they paid $4.4 million for it a couple years back, so they are ecstatic.

“Considering it was on the market for 12-14 months without getting any offers near what they were looking for, they’re over the moon to finally get it done.”

Now it’s time for the new owner to enjoy this impressive Melbourne property for many years to come.

“It really is a beautiful home that has maintained all of its period features and it is set on 1,037 sqm in the prestigious Studley Park precinct of Kew,” Chris explains.

Address

75 Studley Park Road, Kew, Vic 3101

Agents

Annabelle Feng – 0409 384 144
Chris Kavadis – 0412 464 771
RT Edgar – Boroondara

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