2 Riverside Lane, Barwon Heads sold at private auction.
A CHARMING beach house with absolute river frontage in Barwon Heads has sold at private auction.
The property, known as Bundella, at 2 Riverside Lane sold within the price guide of $3.3 million to $3.63 million.
Abercromby’s, Armadale agent Emma Pierson would not reveal many details about the sale as it was a private auction but did say there were four bidders.
The beach house is full of charm.
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The three-bedroom, two-bathroom house takes in spectacular sunrises over the Barwon River and there is potential to update the house.
The 797sq m property also has its own private boat ramp.
The view from the house.
Don’t worry about ever being built out.
Ms Pierson said before the auction she believed the property would attract a buyer from the country or Melbourne that wanted a beach house and then further down the track they might want to renovate or rebuild.
“It is such an amazing spot and it is so incredibly rare that a riverside house comes up for sale,” she said.
“This one has been in the same family for years and years and years.”
Now that Bundella has sold there are no riverfront properties for sale in Barwon Heads.
A new sales campaign for the property started in September after it was originally listed for sale in December last year for $5.5 million, according to CoreLogic.
Data shows the median house price in Barwon Heads is $900,000.