‘Loved the location’: Woonona beachfront home sold off-market for $4m-plus
A beachfront property at Woonona has fetched more than $4 million in an off-market sale.
The home, which has the option of two separate residences, transacted for the first time in more than 30 years.
The property at 16 Kurraba Road, Woonona sold for $4.2 million.
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By continuing you agree to our Terms and Privacy Policy.The home features a three-bedroom ground floor apartment with private yard; and a two to three-bedroom upper-level apartment with a mezzanine floor.
Selling agent, Trever Molenaar from Molenaar and McNeice said the home sold to a local buyer in an off-market sale.
The home had previously been listed for sale in 2022, but failed to find a buyer at the time.
“We knew these buyers were looking, and had been looking in the area for a while, so we matched them up,” Mr Molenaar said.
“They loved the location opposite the beach, and the views are amazing.
“The house itself was split into two separate flats, with two separate leases over it... The new owners will probably bring it back to one house.”
CoreLogic records show the street has registered sales of $3,755,000 and $2.4 million in recent times.
Meanwhile, a three-bedroom apartment in Wollongong has changed hands for $3.2 million.
The listing at 2/10 Harbour Street, Wollongong is located in a boutique complex of eight.
Spanning a deluxe footprint with 373 square metres on the title, it features polished timber floors, plantation shutters, wraparound alfresco, and a study.
Selling agent, Darren Kay from Belle Property Illawarra said it sold to a local buyer, a retiree looking to downsize from the suburbs.
It was listed for sale in March.
Other recent sales in the region have included 16 Haig Street, Wombarra for a reported $6.2 million.
The decision not to take a lower offer at auction seemingly paid off for the owner of the beachfront Wombarra home.
The home failed to sell under the hammer earlier this year, after bidding reportedly went well past the $5 million mark.
Meanwhile, a new suburb price benchmark has been established in the northern Illawarra suburb of Otford.
The tree-change-style property had been in the same family for several decades.
The property, located at 40 Lady Wakehurst Drive sold for $3.15 million.
This article was originally published on view.com.au.
