Record Price Achieved At Auction For Unrenovated Manly / Fairlight Semi

Property Description

SOLD At Public On-Site Auction

Shane Spence Real Estate is proud to have been appointed the exclusive selling agent for this delightful Federation era property.

Over a full four week marketing period we had the opportunity to meet with many wonderful and delightful individuals looking to buy into the local area.  We resisted the temptation to induce offers before auction and we achieved an outstanding result for our client.  The sale of this property represented a record in Fairlight for an unrenovated 3-bedroom semi.

Unfortunately, only one purchaser could be successful on the day of auction.  We have many other disappointed buyers still looking for a home.

If you have a home in the local area, which you are considering selling, please call us immediately.

Fairlight Federation Semi In Need Of Renovation

Located in the Ivanhoe Park Precinct and on the Fairlight, Manly border, one family held this property for over 80 years.  One sale now for the first time in that period this is a unique opportunity to purchase into a premium address with the potential to redevelop into a home of your own dreams.

Set on 331sqm of level land with an east west alignment, north aspect and dual street access this 3-bedroom, 1-bathroom full brick and tile semi-detached cottage maintains its original 1920’s design as well as many of the delightful features, which make Federation architecture highly prized.  With a generous 0:6 to 1 FSR, this property is ripe for the picking, overdue for a substantial extension and renovation.  If my maths is correct, a potential purchaser has enough room to complete a complying development to open up the rear of the property and build up to make this a significantly larger home with room for double off street parking off the rear lane access to Parkview Lane, whilst still maintaining substantial outdoor areas.

With a more than functional gas kitchen and bathroom serviced by instantaneous gas hot water, this family home is ready to live in until you finalise your plans.  Set high above Ivanhoe Park to catch every last ray of winter sunshine and summer nor-easterly and in the middle of popular Manly West Public School catchment area, a skateboard down to North Steyne, Fairlight Beach or the new Boy Charlton Swim Centre.  What better spot?  In the centre of everything and yet tucked away in a quiet suburban street surrounded by gentrified residences and residents.

We look forward to the opportunity of showing you this home.  If you cannot make one of our advertised open homes, feel free to contact either Shane Spence or Kevin McCallum direct to make a personal and private one on one appointment at another mutually convenient time.

Our vendors have commissioned a building inspection report for the benefit of interested parties.

This property is due to be auctioned on-site at 12:00 on Saturday 25 June 2016 and we do not anticipate entertaining offers prior to auction.