Northern Beaches Federation mansion sells for record-breaking $14 million under the hammer

Northern Beaches Federation mansion sells for record-breaking $14 million under the hammer

A gorgeous Federation mansion in the Northern Beaches suburb of Seaforth has sold for $14 million, eclipsing its reserve by a whopping $3 million. A gorgeous Federation mansion in the Northern Beaches suburb of Seaforth has sold for $14 million, eclipsing its reserve by a whopping $3 million.

It was one of 1537 homes being auctioned across the nation’s capital cities this weekend, down significantly (by 35 per cent) from last week’s listing numbers due to Melbourne, Adelaide and Canberra all celebrating public holiday long weekends.

Given its location and supreme grandeur, 18 Edgecliffe Esplanade , aptly named ‘Wonderview’, attracted attention from buyers across the globe. 18 Edgecliffe Esplanade, Seaforth, NSW. Photo: Domain Aside from its stunning views of Sydney’s pristine harbour waters, the beautiful abode boasts four bedrooms, two bathrooms and parking for four.

Features included a lavish outdoor pool and lounge area, championship tennis court, and an opulent interior that blended the best of old world and new.

Speaking with Nine, a jubilant Michael Clarke of Clarke & Humel Property said the staggering sale was a brilliant result and showcased the desirability of blue-chip properties in the affluent locale. “It’s an amazing result, and it just goes to show the strength at the top end of the Northern Beaches market,” Mr Clarke said.

Mr Clarke added the home’s vendor was “literally in tears” following the result, as the sale of 18 Edgecliffe Esplanade makes it the second-most expensive home ever sold in Seaforth and the most expensive non-waterfront home ever sold in the suburb.

According to Mr Clarke, the house garnered attention from all over the world, and there were five registered parties in attendance. Bidding kicked off at $9 million and quickly rose to $10.5 million. From there, the auction eased into a less frenetic pace, as two keen bidders kept offering counteroffer after counteroffer until the sale price was ultimately reached.

Mr Clarke said the winning party had inspected the home in the first week of its sales campaign, with the family flying in from the UK to attend the auction today.

Another property that exceeded its reserve at auction today was a mid-century brick home in Melbourne’s eastern suburb of Glen Waverley, which sold under the hammer for $1.545 million. 25 Eastleigh Drive, Glen Waverley, Victoria. Photo: Domain

Although the sales event of 25 Eastleigh Drive wasn’t a particularly well-attended affair – with less than 60 people spectating – there was definitely a sense of anticipation in the air.

Boasting 653 square metres, four bedrooms, two bathrooms and contemporary interior appointments, the ’60s-built structure presented as a great family home with oodles of potential.

Auctioneer Tony Levoli of Barry Plant Monash spoke for minutes about the home’s several benefits, including its proximity to Mount View Primary and Highview Secondary School, before asking the crowd to get things underway with an opening bid. An inaugural offer of $1.3 million was quickly registered, but it wasn’t met with a counteroffer as the throng remained silent.

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