Real Estate

northcote dream home sells in less than 24 hours

Written by The ReReport

A house at 11 Wakanui St, Northcote sold the same day it was listed.

A Northcote dream home was snapped up the day it hit the market, with a generous offer from a determined buyer quickly sealing the deal.
Contracts for the edgy five-bedroom house at 11 Wakanui St were signed less than 24 hours after its campaign began.
It is understood an offer was made well above the suggested selling price of $2.7 million.

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The recently renovated home sold above its $2.7 million suggested selling price.

The property includes a swimming pool.

Jellis Craig Northcote’s Sam Rigopoulos said a private client purchased the parkside property for an undisclosed price. They had previously inspected the property during a VIP night, before making the offer on the first day it was listed.
“It was a strong result, so the vendors were happy to do the deal early,” he said.
“And there were a couple of other serious parties on the first day, so it had some traction really early on.”

A VIP client of Jellis Craig Northcote bought the home.

Inside the ensuite bathroom.

He said the buyer had not made an offer on another property since mid-2015.
The property was officially sold on October 24, well before its expressions of interest were due to close on November 27.
The renovated and extended California bungalow was owned by a director of MLS Built architects, who designed the home in collaboration with architect Hazel Porter.

The house is next to All Nations Park.

The five-bedrom home was designed by award-winning architects Hazel Porter and MLS Built.

“Its selection of bold and different finishes makes it very hard to replicate,” Mr Rigopolous said.
“Things like the steel countertop in the kitchen with recycled bricks around it make for a clever design.”
He said high-end properties in Northcote still appealed to family buyers, despite the softening market.
“We are able to gather interest and momentum on better quality properties quite well at the moment because people still want to live in the inner suburbs.”


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