A housing charity has sold an impressive renovated home in Palm Beach after cutting its asking price by $600,000.
Queensland-based Yourtown has sold a four-bedroom, two-bathroom Tahiti Avenue home for $2.95 million after a six-month marketing campaign with Coastal agent Joel Madam. Secured.
Mr Madam said the charity was impressed with the high standard of facilities across the 'move-in ready' home and would be promoting the home through an upcoming prize home prize draw.
Sellers Oliver and Megan Grant acquired the 562 square meter corner lot in April 2021 for $1.36 million and converted the existing dilapidated 1970s home into a modern centerpiece. Was.
It went on the market in September with a price guide of $3.6 million, but the price was later revised to more than $2.999 billion.
Madam said the seller was satisfied with the final sale price.
“This was an ideal prize as it is an ultra-luxury home with all the bells and whistles, ready to move in and enjoy the Palm Beach lifestyle,” he said.
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The grant used Nucii's Tone Booth to design the home, rebuilding the site from the ground up with top quality fittings and finishes across 311 square meters of two-storey living space.
“We moved to Palm Beach eight years ago and have seen the changes firsthand,” Grant said at the time of the listing.
“This land has become so valuable that if we renovate it we need to do it to the best of our ability. Anything less and you're doing a disservice to it. ”
The curved walls and arches inside the home are a modern take on a retro past, and the original spiral staircase has been reimagined in spectacular style with a custom handrail.
The designer kitchen features Tasmanian oak and bay leaf accents, plush stone benchtops, custom shelving, a skylight, and a butler's pantry with a secure wine refrigerator.
There is a work-from-home space with custom fittings and seating, and the dining area overlooks a precast saltwater pool adjacent to a paved entertaining terrace.
“The builder had a free budget, so everything was done perfectly,” Grant said.
“The finishes are very high quality and the home is very unique.”
Palm Beach home prices rose 8.5% in the past 12 months, with a median price of $1.627 billion, according to Prop Track data.