Lovely Banks street racks up two premium sales as buyers splash out on lifestyle properties
Ultimate family playground one of two luxury properties traded in the same Lovely Banks street in space of a week.
THE ultimate family playground with a waterslide and garaging for 16 cars is one of two million-dollar properties to change hands in a Lovely Banks street in the space of a week.
Buyers splashed out $1.7 million on the sprawling luxury home at 30 Kulina Drive, Lovely Banks, in a sale recorded by Corelogic.
Just days later, another super-sized house just down the road at 60 Kulina Drive sold for $1.255 million.
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Barry Plant, Geelong agent Candice Costoso, who sold the second property, said buyers from Point Cook seized the chance to spread out at the 1.2ha property.
The five-bedroom house offers 465sqm of living space and comes with a separate self-contained one-bedroom unit ideal for accommodating family and friends.
Ms Costoso said premium lifestyle properties on the Lovely Banks hill, which offers fantastic views over Geelong, were highly prized.
“So many people want to buy them because it so close to everything,” she said.
“If people work in Melbourne, it’s the proximity to the highway and the lifestyle which is valuable.”
The house has four separate living areas and a wraparound deck for outdoor entertaining.
The new owners of nearby No. 30 Kulina Drive, are set to enjoy the lifestyle perks of a resort-style spa and swimming pool with a water slide and panoramic views over Geelong.
There’s endless options to keep the family entertained at the 1.73ha property, which comes with an underground home cinema and games room.
There’s also garaging for 16 cars, including six spaces in an impressive under-house tandem garage.
Hayeswinckle, Drysdale agent Luke Bennett listed the house in February with price hopes of $1.75 million to $1.85 million.
He said it was a sensational family home.
Ms Costoso said Geelong’s lifestyle property market was in good shape, despite the COV-19 global pandemic.
“People in that price range are still wanting to buy and need to buy, it’s the investors that are dropping off,” she said.
Originally published as Lovely Banks street racks up two premium sales as buyers splash out on lifestyle properties