Geelong trophy home Raith on track to break record at circa $9m
A landmark Newtown home that already holds the record as Geelong’s most expensive home stands to smash that mark following its latest makeover.
A potential buyer setting up an off-market inspection of Newtown’s Raith scoffed when McGrath, Geelong director David Cortous boasted it was the city’s best home.
After visiting the home overlooking the Fyansford Deviation, he later told him ‘you were right’, Mr Cortous said.
The five-bedroom trophy home at 2A Raith Terrace originally built in 1864 and more recently sympathetically renovated and extended by renowned builder David McDonald has been listed for sale with price hopes between $8.5m and $9.3m.
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At that price guide, the 6434sq m property stands to break its own record $6.3m as Geelong’s most expensive home.
Heritage documents show the home was erected in stages from 1864 and 1881 when the iron veranda encircled the original polychromatic brick building.
While the major works were completed for solicitor J H Grey, the nine times mayor of Newtown and Chilwell, it’s most famous resident was Geelong Cats legend Bob Davis.
Geelong businessman Simon Middleton was the last owner to sell.
Mr Cortous said the property returns to the market after the present owners put their own spin to the home.
“They’ve just put their own touches on the property. They changed the kitchen around a bit, they’ve changed the office. It was a living room, it’s now an office.”
The property is “just perfect” from the gardens to the interiors, Mr Cortous said.
“There is not one single dollar to be spent on that property, just walk in and place your furniture because every single thing has been done, from external to internal, gardens to bathrooms to kitchen and even the three-bedroom cottage is fully renovated and is finished in marble as well.
“It’s got the beautiful views out the back and you’re not affected by the Deviation because you’re too elevated. It’s just a serene property.”
Expressions of interest for Raith close on July 21.
Originally published as Geelong trophy home Raith on track to break record at circa $9m