A resort-style mansion in Mayfield has sold for a new suburb record, just a week after it hit the market.
Lisa Moran’s three-storey property at 88 Crebert Street – which changed hands for $1.1 million – is now Mayfield’s most expensive home according to listing agent Ben Robinson of Robinson Property.
The record is previously believed to have been held by ‘Kiandra’, a former rectory on Church Street, which sold for $1.05 million in August.
“It’s a great result for Mayfield and you can see by the market reaction – it was picked up in the first week,” Mr Robinson said.
Ms Moran purchased the worker’s cottage unrenovated for $345,000 in 2004.
WORK TO BEGIN ON BISHOPSGATE PROJECT
Wickham’s new transport interchange has started to materialise and one of the suburb’s first new residential developments isn’t far behind.
Doma Group is behind ‘Bishopsgate’, an eight-storey apartment building opposite the historic Wickham primary school.
The project has been approved by council and demolition is expected to begin this year, with an anticipated completion date of late 2017.
The building will house 37 apartments with a mix of one, two and three-bedrooms and a ‘high quality industrial feel’.
Agent Dane Crawford said a highlight was a “fabulous north-facing roof terrace” and the location – just a few hundred metres from the interchange – was hard to beat.
Colliers International will commence selling off-market to its VIP buyers before the end of the year. Prices will start from $369,000.