Real Estate

Buy a rare sandstone home in Surry Hills

Written by The ReReport
As seen in the Source link, written by on 2018-12-12 00:49:13

When Elizabeth Levingson discovered the 1899 sandstone terrace in Surry Hills in 2010, she had to have it.

“It as love at first sight,” the writer, property sleuth and fragrance creator said.

“I love the look of the sandstone walls, which keeps the inside of the house very well insulated.

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“It was modern and clinical when I moved in, but I’ve put my own spin on it, which goes a lot better with the bones of the property.”

The three-bedroom terrace at 24 Corben St has a guide of $1.8 million to $1.95 through Slavko Romic and Anthony Moore of RomicMoore Property.

Not everyone loves quirky houses like this one but this is looking like a winner.

Mr Romic said he’s getting good interest. “It’s only been open two Saturdays and we had 12 groups through the first week and 11 groups through the next.

“It’s been solid,” he said. “People like that it’s all sandstone — not just the facade — and the atrium — clear perspex over the living area with a five-metre ceiling.

“And the location: 350 metres from Central Station, all the restaurants and the quiet street.”

CoreLogic shows Ms Levingson bought it for $1,150,000 in 2010.

Guide book legend

Jill Darbey was famous the world over for her guide books about the best bed and breakfasts in the United Kingdom and now a young professional couple will get to enjoy her Sydney bolthole.

Ms Darbey, who had properties in London, Los Angeles, Surry Hills and Byron Bay, has passed away and her homes are being sold off.

Her Sydney abode was a modern two-bedroom, two-bathroom terrace with parking behind an original sandstone facade at 20 Denham St and on December 1 it sold for $1.2 million under the hammer.

Sotheby’s principal Michael Pallier had two bidders register with the young local couple winning the day.

They nabbed it for exactly the buyer’s guide.

Ms Darbey had bought it for $768,000 in 2010.

Ms Darbey’s Byron Bay crash pad was in the Habitat development, about five minutes from the beach, at 16 Porter St.

Agent Kris Alcoriza said he’s getting plenty of interest at the $850,000 asking price, though his market is experiencing similar problems to Sydney’s. “Not everyone can get finance at the moment, so that’s holding things up,” he said.

The property could suit someone looking to head north and work from home. There’s a two bedroom terrace with an enclosed yard and the ground floor is a retail shopfront.

Businesses operating in Habitat include a jeweller, florist, clothing retailer and a real estate office.

CoreLogic records show Ms Darbey had bought it for $650,000 in 2016.

Pre-Christmas auction

The banker who bought the Redfern warehouse that was home to actor Claudia Karvan for 15 years has listed his redundant terrace nearby with a $1.8 million guide.

Interestingly, he’s opted for a quick two-week campaign, with a December 22 auction, through McGrath agent Damien West.

In recent weeks, builders have transformed the three-bedroom, two-bathroom terrace at 710 Bourke St, Redfern, from an orange ugly duckling to an elegant white swan.

Apart from giving it a long overdue lick of paint, they’ve replaced the front balcony. And the stylish kitchen now opens to a green oasis that captures the morning sun.

The banker and his family have already moved into the former home of Karvan and her long-time partner, engineer Jeremy “Jez” Sparks, around the corner in Charles St. That sale of more than $2.7 million was through Cobden and Hayson Surry Hills principal Brigitte Blackman.

Highest auction sale

Medicinal-cannabis industry chief Matt Cantelo owned the most expensive house sold at auction in Sydney on Saturday, but even he had to take a bit of a haircut on his expectations.

The four-bedroom Neesen Murcutt-designed home with ocean views at 12 Carlisle St, Tamarama, sold for $8.4 million.

The original reserve had been $8.6 million.

Still, Mr Cantelo, who heads the Australian Natural Therapeutics Group, seemed pretty relaxed about it. “The timing could have been better, but it is what it is,” he said post-auction.

He had been considering a pre-auction offer from the young Newtown couple who ended up buying it, but Phillips Pantzer Donnelley’s Alexander Phillips and David Tyrrell convinced him to proceed to auction.

He’s glad he took their advice. “The offer had been lower,” Mr Phillips said.

Just one other party turned up to bid against the couple: a neighbour considering an upgrade.

Mr Cantelo hadn’t done a lot to the Tamarama property since he’d bought for $5,350,000 in 2012, though the water slide to a garden below that he had built would have cost a pretty penny.

“It’s been a wonderful home,” he said.

But now Mr Cantello, with 10-year-old daughter, Halle, five-year-old Rhodesian ridgeback, Foxy, and cat, Riley, are off to the designer Queens Avenue Vaucluse home previously owned by the former Goldman Sachs director Karl Mayer and his wife, Tanya, that they bought for $19,525,000 in September through LJ Hooker Double Bay’s Bill Malouf.

You’d be better off here

The Dover Heights home of Better Off Australia director Marvin Weinman and his wife, Linda , has a $7 million price guide through Ray White Double Bay’s Michael Finger. The six-bedroom, four-bathroom property at 51 Wallangra Rd has panoramic views across the harbour to the city skyline.

Among the highlights of the three-level home on a 641 sqm block are the

pool, spa and wine cellar.

“The home has very big rooms,” Mr Finger said.

“And it’s very easy to imagine sitting in that spa overlooking the harbour.”

Better Off Australia is committed to reversing the trend of obesity in Australia.

The property last traded for $1.4 million in 1996