Tightly Held Vaucluse Gem Sold for $4.9m

 Tightly Held Vaucluse Gem Sold for $4.9m

A stunning Art Deco style Vaucluse mansion sold under the hammer over the weekend for just shy of $5 million, after being held by the previous owner for 35 years.

The three-bedroom home, at 3 John Dykes Avenue, has some of the best views in town, stretching from Manly all the way to the Sydney Opera House and the Harbour Bridge.

It is mixed emotions for the vendors as they are sad to be saying goodbye to their family home but are equally happy with the end result, after a successful auction saw the home snapped up by an out of town buyer.

McGrath listing agent, Imran Hamidi, said: “It was a bit of a tough one to get going but in the end the vendors were really happy with the result and I think when they popped open the champagne in the evening, they were relieved.

Various different buyers showed an interest in the property, but ultimately it ended up in the hands of buyer looking to secure a prime spot in Sydney’s Eastern Suburbs.

Bidding for the immaculate home started off at $3.75 million, before five bids took it up to the final sale price of $4.9 million.

“There were three registered parties at the auction, two were eastern suburbs buyers and the third party who secured the property were coming from the Blue Mountains looking to move to the area,” said Mr Hamidi.

“We had a lot of people who were looking to renovate it and sell it on, but we ended up receiving genuine interest from people who wanted to live in the area.”

The well sized home is located just moments from Christison Park in one of Australia’s most prestigious neighbourhoods, and the impressive skyline views can be appreciated throughout.

“I really enjoyed doing the twilight viewings there because you can just stand in the window and take in the views, it really is breathtaking,” said Mr Hamidi.

Address:

3 John Dykes Avenue, Vaucluse, NSW 2030

Agents:

Imran Hamidi
0412 332 330
Kevin Mendes
0418 962 035
McGrath Double Bay
@imran_hamidi
@kevinpmendes
@mcgrathestateagents

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