Sydney waterfront home nets $4.6m after just one week

 Sydney waterfront home nets $4.6m after just one week

A fabulous waterfront home in southern Sydney has been snapped up prior to auction for $4,612,000 after being on the market for just one week.

Listing agent John Schwarzer, of Highland Property Agents, helped negotiate the sale of the five-bedroom property in Caringbah South and says he was inundated with enquiries from the moment he listed it.

“We had almost 100 enquiries within one week and held 30 inspections,” John says. “The view was definitely a big drawcard. The home’s location gives a very expansive view and it’s towards the end of a little peninsula so it’s quite private and tucked away, which is what buyers liked.”

Backing on to the Port Hacking River, the stylish residence at 20 Cumbee Lane is fully equipped with boating facilities, which was also a big part of why this home was such hot property among buyers.

“Deep waterfront facilities are very important for anyone wanting a boat and this home has a boat shed, slip rails and a jetty pontoon and an inground swimming pool that all looks over a pretty spectacular view,” John says.

“Two buyers made aggressive offers on the property because there’s no stock at this price point in the area and they both wanted to secure it as quickly as possible.”

The fully renovated abode now belongs to its new owner, who’s moving to Caringbah South from out of the area, after the vendor found their own new dream home.

“The vendor found another property that they wanted in the same suburb so it all tied in really nicely and was exchanged within a week of going on the market for above the top of the price range,” John explains.


20 Cumbee Lane, Caringbah South, NSW 2229


John Schwarzer – 0408 604 422
Avalon Nieto-Roels – 0450 172 220
Highland Property Agents – Sutherland Shire & St George

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