A landmark Kew mansion has shattered the suburb’s property rate history in a sale topping $20m.
The opulent circa-1888 property at 39 Sackville St, with six bedrooms, 5 bogs, a pool, tennis court docket, formal gardens, billiards home, basement wine cellar and a health club, was listed with an $18.7m-$20.5m asking price.
Recognised as “La Verna”, the estate was offered for an undisclosed sum, but business resources have put the sale at the top rated of the marketed variety.
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Marshall White Stonnington director Marcus Chiminello bought the house but declined to remark.
A residence at 292 Cotham Rd, acknowledged as Ross Home, held Kew’s past record dwelling cost right after selling for an undisclosed sum understood to be $16.7m in November previous year.
CoreLogic records display a five-bed room 26 Studley Ave, Kew offered for $12.51m final 12 months.
Mr Chiminello also has the listing of 52 Sackville St, a six-bedroom Victorian home with a $16.5m-$17.5m inquiring selection.
La Verna was bought for $12m in 2007 and for $1.75m in 2002, in accordance to CoreLogic.
Morrell & Koren prospective buyers agent David Morrell described Sackville St as “a triple-A location of Kew”.
“Kew doesn’t command the exact prices as Toorak or South Yarra, or even Hawthorn, it’s constantly been a bridesmaid suburb since it’s a little bit further more out and there is not as substantially infrastructure,” Mr Morrell mentioned.
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