Signature Mount Lofty home listed for $1.87 million

HERE'S a glimpse of what nearly $2 million will buy you in Mount Lofty.

7 St Ives Court. Picture: Matthew Newton

HERE'S a glimpse of what nearly $2 million will buy you in Mount Lofty. 

With sweeping views north towards Ravensbourne and then east toward the Brisbane Valley, this multi-million dollar property is ideally situated at 7 St Ives Court. 

7 St Ives Court

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Peter Snow and Co. agent David Snow said the property came onto the market without a price, and received two expressions of interets, neither of which were satisfactory to the current owners. 

It has now been listed for $1.875 million. 

"Other than the location, it's a home with a superior build quality, it's been designed to be solar passive and has extremely well-insulated walls and roof area and it survives very well without an ducted heating system," Mr Snow said.

The home is comprised of three distinct living areas and has a massive garage, designed with extra height to fit vehicles such as campervan. 

Below the garage is an equally spacious workshop. 

Mr Snow said there had been four sales in the immediate area around the $1.3-1.5 million mark earlier this year, which he said was encouraging "for this type of home to achieve the figure it deserves". 

"it's a superior home both in size and location to those already sold."

The exquisite contemporary residence features four bedrooms, five bathrooms, two studies, a spacious well-equipped kitchen, a four car garage, 8x10m workshop, 5Kw solar power unit; town, tank and bore water, a plunge pool and outdoor equipped barbecue area. 

It sits on a 1,889 sq m allotment. 

The long-time Toowoomba real estate agent said the next two months were crucial in the city's real estate market in respect to sale activity and judging buyer confidence. 

"The post-school holiday period has been particularly encouraging to date and we've probably got another 4-5 weeks of this key period before we can look back and decide on current market trends." 

For more information head to http://www.7saintives.com/

Originally published as Signature Mount Lofty home listed for $1.87 million