A Bondi house sale has fetched for $2.2m above the $5.5m price guide.
The Hamptons-inspired, four-bedroom, three-bathroom “contemporary beach house” at 55 Imperial Avenue sold for $7.7m – almost $2.7m above the previous street record of $5.01m and a record for the whole south Bondi pocket.
With it’s family-focused layout and high-end finishes, the newly built home also has double height ceilings and European oak flooring.
The gourmet kitchen includes a expansive marble breakfast bar and superior European gas appliances and a walk-in pantry, while bi-fold doors allow an effortless transition to a fabulous Tallowood entertainers’ deck with a kitchen, beer and wine fridges, and integrated stainless steel BBQ.
Inside the deluxe master bedroom is a dressing room and chic marble ensuite with a rainwater shower and underfloor heating.
Outdoors is a heated swimming pool, rain tank and large lawn, with secure tandem parking available – there is also DA approval for carport.
The Bondi house sale came down to two parties fighting it out after a series of inspections, with the vendors’ identity unknown.
It follows another record price in Randwick – the suburb’s fourth trophy home sale in just eight months.
The latest $8.5 million record for the Fraser St property, Randwick highlights the price escalation that is occurring in suburbs across Sydney.
There were five offers as locals competed against overseas buyers for the 1910 home, which last traded three decades ago for $585,000 in 1991.
The previous record for Randwick was secured at February auction when $7.3 million was paid on Bishops Ave.
It’s eye-watering $7.3 million price soared past their reserve by $1.3 million albeit just three of the 10 registered bidders managed to get in a bid after the eventual buyer opened the bidding at $5.9 million.