INTERNATIONAL buyers with connections to Geelong have secured a large property in the city’s gardens precinct in a sale close to $2 million.
Whitford, Newtown agent John Moran wrapped up the sale of “Eulo”, the four-bedroom house at 19 Pevensey Crescent days before the property was to go to auction last weekend.
MORE REAL ESTATE NEWS:
Listed with price expectations between $1.7 million and $1.8 million, Mr Moran said the property was sold for an undisclosed price above the top end of the price range.
The circa 1898 home is located on a 1124sq m block that overlooks the Ron Robertson Rose Garden at Pevensey Park, east of the central business district.
Mr Moran said the buyers were overseas.
“The husband is previously in Geelong, but they’re currently living overseas,” Mr Moran said.
“They’ll be moving back at some point.”
Mr Moran said they made one of several pre-auction offers for the dress circle property that brought the auction campaign to a head early.
“It’s a great spot and to have that land size in that location is very rare,” he said.
The period house is the second to sell on the prized circular street this spring.
Buyers who saw a stunning period home before it hit the market at 1 Pevensey Crescent paid $1.475 million for the three-bedroom residence in September.
The price was revealed on CoreLogic records after the property settled in November.