Narrawallee home sells for $12m, smashing South Coast price record
A South Coast beachfront home has sold for a record-breaking price, nearly $10m more than what the owners paid for it 12 years ago.
A South Coast beachfront home has sold for a record-breaking price, nearly $10m more than what the owners paid for it 12 years ago.
The Rose-Innes family had bought the Narrawallee home on its own private peninsula with 180-degree coastal views for $2.5m in 2010, records show, and did a major refurbishment.
They’ve now sold it for $12m, which beats the previous South Coast house price record by $2m — a beachfront at neighbouring Mollymook sold for $10m two years ago.
Sales agent Michael Coombs of Atlas, who sold the Victor Ave property in five weeks in conjunction with Lisa Cox of LJ Hooker Ulladulla, said the purchaser had property in Sydney and the Southern Highlands.
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“Most of the interest came from Sydney’s eastern suburbs and the lower north shore,” Coombs said.
Not hard to see why he had three or four buyers keen.
The six-bedroom home, one of only two homes directly adjoining Narrawallee Beach, is on two lots totalling 1549sqm and has panoramic outlooks to Cunjurong Point and Bannister Head.
It has 75m of beach frontage and there’s also a pool.
The property features French doors; wood-fuelled fireplaces; ducted air-conditioning; formal entry leading to formal lounge and dining plus a separate family area and a large indoor-outdoor upstairs retreat.
All six bedrooms have ensuites with bathtubs.
The pool terrace and top deck are great spots to enjoy the sunrise.
The previous owner was Louise Moran, of the Moran-Wilson hotelier family.
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Originally published as Narrawallee home sells for $12m, smashing South Coast price record
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