North Shore real estate might have been impacted by coronavirus, but this Artarmon mansion has smashed its THIRD price record in 18 months. Yes, despite the predicted downturn of the market during the COVID-19 pandemic.
The North Shore real estate market has been at the centre of questions about coronavirus and its impact, but one house seems to be bucking any predicted downward trend.
A home on Muttama Rd at Artarmon is believed to have sold for a record price, even higher than the $4.61 million suburb record set late last year.
The high ceilings and ornate fixtures give the 963sqm, five-bedroom Federation residence a grand feel, with manicured gardens adding an elegant touch.
The property is expansive, with 5 bedrooms, 2 bathrooms
The listing described it as an “impeccable home” and “the merging of unmistakable period elegance and lovely contemporary living.
“A rare property in a tightly held location set on a large, level and private 963sqm block” the listing says, adding its “a short stroll to village shops, cafes and Artarmon train station and only one traffic light before Sydney’s CBD.”
Selling after just two weeks on the market and despite a ban on traditional open homes and on-site auctions aimed at slowing the the spread of COVIS-19, the sale price marks the third time the Artarmon record has been broken in the past 18 months.
The most recent record was when Nine News star Georgie Gardner and her banker husband Tim Baker sold their Tindale Rd house for $4.2 million before moving to a $7 million Mosman mansion.
They were former owners of the home on Muttama Rd at Artarmon.
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