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Sydney landlord demands $100k rent deposit

This Sydney home has been listed for lease with an eye-watering $100,000 rental bond. See why.

A home in Sydney’s east is up for rent with a bond of $100K.
A home in Sydney’s east is up for rent with a bond of $100K.

A Sydney rental has been listed with the landlord seeking an eye-watering bond of $100,000.

The family estate in Bellevue Hill is available now for $25,000 per week. The rent works out to $1.3m per year.

The rent is almost 10 times the median rent of $2547 in the exclusive Eastern suburbs location, which has increased 21.3 per cent over the past 12 months.

However, the listing is by no means your average rental with “world class” Sydney Harbour views from the three level Victorian home.

The view from 6 Victoria Rd.
The view from 6 Victoria Rd.
The tenants have a choice to have the house furnished or unfurnished.
The tenants have a choice to have the house furnished or unfurnished.
The home last sold for $6.8m in 2002.
The home last sold for $6.8m in 2002.

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The house on Victoria Rd has a long list of features from a grand marble entry foyer and staircase to decorative high ceilings, formal lounge and dining with marble fireplaces and a Victorian kitchen with butler’s style pantry.

There’s also a “vast” wine cellar, billiard parlour and a luxurious master suite with walk-in wardrobe, ensuite and secluded balcony overlooking the Harbour.

The Victorian style kitchen.
The Victorian style kitchen.
A view worthy of $25,000 a week?
A view worthy of $25,000 a week?
Luxury at every turn.
Luxury at every turn.

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Outside has terraces overlooking the manicured gardens, tennis court and resort style pool.

“Commanding remarkable north-easterly panoramic views across the harbour towards Point Piper and Mosman, this immense three-level secluded Victorian residence is on a significant parcel of land in one of Sydney’s most salubrious locations,” the listing says.

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“Encompassing a total of five bedrooms, six bathrooms and stately office, it boasts a tennis court, sun-drenched resort style pool, a multitude of entertaining spaces and a grand entry to a double lock up garage.

The property last sold in 2002 for $6.8m to an investment banker and his then wife, according to media reports from the time.

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Originally published as Sydney landlord demands $100k rent deposit

Read related topics:Sydney

Original URL: https://www.news.com.au/finance/real-estate/sydney-landlord-demands-100k-rent-deposit/news-story/62314e4fb303677423f41238f59df1e3