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2/29 Benelong Cres, Bellevue Hill sold for $5.2m pre-auction. The guide had been $3.3m.
In a positive sign for the looming spring market, a Bellevue Hill apartment with no parking has sold pre-auction for $1.9m over the price guide just 12 days after being listed.
The three-bedroom, three-bathroom 200 sqm residence at 2/29 Benelong Crescent fetched a whopping $5.2m via Ray White Double Bay’s Warren Ginsberg, who’d been guiding $3.3m.
He’d sold the property a year ago last July for $2.6m to developer Gary Gild, who’s done a reno.
Ginsberg had an August 31 auction scheduled, but a bidding war Friday night between two parties who desperately wanted it saw the price escalate way beyond Gild’s wildest dreams.
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The apartment spans 200 sqm.
The north-facing terrace with harbour views is a big attraction.
Apart from the obvious drawback (for many buyers) of there being no off-street parking, it was of appeal due to the quality fit-out and the north-facing balcony with uninterrupted panoramic views taking in Rose Bay, Shark Island and Royal Sydney Golf Club.
It’s also in a boutique block of just three apartments.
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The strong sale indicates that well-renovated properties will excel this spring.
The kitchen comes with all mod-cons.
There are ensuites with rain showers in each bathroom; chic herringbone floors throughout; a large open-plan living and dining area; a fireplace; bifold doors opening to the balcony with a Beef Eater barbecue and a luxe kitchen with a stone island bench.
There were also other luxuries such as super white dolomite marble benches; a wide, 90cm Smeg oven; Billi hot and chilled water taps; Villeroy and Boch toilets; Daikin aircon; a home office and plenty of storage.