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Rippleside home snapped up as buyers compete for water views

The draw of unimpeded 180-degree views across Corio Bay to the Geelong city skyline were enough for two bidders to give a pre-Christmas bonus to sellers of three-storey home.

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The draw of unimpeded 180-degree views across Corio Bay to the Geelong city skyline were enough for two bidders to compete for an exclusive harbourside residence.

The four-bedroom home at 28 Lady Nelson Drive, Rippleside, sold under the hammer for $2.65m after the two parties contested the auction.

The public sale ended a drawn out campaign to sell the tri-level townhouse within the Balmoral Quay development in the bayside suburb, which ended when auctioneer David Cortous remarked “welcome to the waterfront”.

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Residents can wake to brilliant sunrises over Corio Bay.
Residents can wake to brilliant sunrises over Corio Bay.
A second floor family room opens to a rooftop terrace.
A second floor family room opens to a rooftop terrace.

McGrath, Geelong agent Jim Cross said the Melbourne family secured the property, having competed against local buyers at the auction which opened at $2m.

The property went to auction with a price range from $2.2m to $2.5m.

It’s the second-most expensive home to sell in Rippleside in 2024, with a four-bedroom, four-storey residence on Balmoral Quay getting $15,000 more in May.

Set over three levels, the home is designed for ageing in place with a lift and a handy ground floor powder room servicing the main open-plan living area where you can watch the sun rise over the bay.

The water view is on show from the moment you enter the townhouse, framed through floor-to-ceiling sliding doors that link the kitchen, dining and lounge room to a bayside patio.

Two bidders contested the three-storey townhouse overlooking the water.
Two bidders contested the three-storey townhouse overlooking the water.
Quality fittings extend from engineered timber floors to Smeg appliances in the kitchen.
Quality fittings extend from engineered timber floors to Smeg appliances in the kitchen.

Square set ceilings are paired with engineered timber floors for a quality finish, which extends to the Smeg appliances in the kitchen.

The oversized island bench lends itself to entertaining but you can also host family and friends on the top floor where another lounge with a built-in bar flows out to a large east-facing terrace with an impressive bay vista.

This lounge sits alongside an alternative main bedroom suite with an ensuite and walk-through wardrobe.

The designated main bedroom suite, with a private balcony, shares the middle floor with two minor bedrooms, a home office and a central bathroom with a freestanding bathtub.

The double garage has direct entry.

The initial private treaty campaign had $2.85m to $2.95m price hopes for the property in September.

The property last sold in 2021 for $2.8m.

Originally published as Rippleside home snapped up as buyers compete for water views

Original URL: https://www.news.com.au/finance/real-estate/melbourne-vic/rippleside-home-snapped-up-as-buyers-compete-for-water-views/news-story/0e10be57406a707fa85dc7031f8390f0