Manly agent breaks COVID-19 sales drought with $15m worth of deals in Fairlight, Manly and Queenscliff

Rare find – 1/95 Lauderdale Ave, Fairlight.

A Manly real estate agent has broken his COVID-19 sales drought in spectacular style, selling about $15 million worth of prestige apartments within the space of 24 hours.

Among them was a luxury three-bedroom waterfront apartment in Fairlight, that is believed to have sold for around its price guide of $7.3 million.

MORE: Rapper buys lavish $34m curved mansion

Rudd, Rein revealed as buyer of Rafter’s $17m pad

Anthony Calacoci, of Belle Property Manly, would not even confirm whether it had sold around the guide, or give any clues as to who they buyers were.

However, if the property did sell even close to the guide, it will easily be a new sales record for Lauderdale Ave.

The record has been held by 1/57 Lauderdale Ave, since it sold in December, 2019 for $6.4 million.

Mr Calacoci, who specialises in high-end apartments, said he had sold nothing since the lockdown, but since restrictions had eased, had seen more buyers seriously looking to buy.

That culminated in the sale of the Lauderdale Ave property, owned by Karine Ricard and Dean Rogers, who put their beloved home on the market so they could spend more time overseas.

The three-bedroom waterfront apartment is one of only two in the boutique block. The ground-floor trophy home spills out onto a harbourside lawn and stairs leading to a private beach.

The North Harbour outlook is peppered with boats, natural bushland and stunning homes, and the view extends across the water to the Sydney Heads.

The apartment itself has a whopping 691sqm on title, and about half of this is internal space. Full of luxury features, it also has accommodation for four cars, lift access, high ceilings, Spanish limestone tiles and American oak flooring.


Karine Ricard and her husband Dean Rogers at their apartment in Fairlight.

Mr Calacoci backed this sale up with another apartment sale in a near-new luxury boutique building in Pavilion St, Queenscliff.

“They (the buyer) saw it on the Saturday and they exchanged the following Friday,” he said.

More from news

Rare Palm Beach waterfront comes to market with a $10m price guide
Former Australian cricketer-turned-commentator ­Michael Slater sells Newport home

“They are going to use it as a holiday home.”

The apartment development at 5 Pavilion St, Queenscliff.

Apartment No. 3/5 Pavilion St, had been on the market with a price guide of $5.2 million to $5.5 million. It is believed to have sold within the guide.

Following this, he also sold an apartment in the brand new Wharfside Residences development, located virtually opposite Manly Wharf.

Real Estate

Wharfside Residences Manly.

The three-bedroom apartment reportedly sold for $2.5 million.

Mr Calacoci said the lockdown period had been a challenge, especially for apartment sales, but it was positive to see activity back in the market.


Source link