This property at 9 Valetta St, Manly, has sold for a new suburb record.
RECORDS are still being broken despite signs the Brisbane market may be starting to cool, with a nautical-style home selling for more than $5m in the sleepy, bayside suburb of Manly.
The sale of the architecturally designed home on almost 800 sqm for $5.15m surpasses the previous highest home sale in the suburb by more than $1m, according to property records.
The home features lots of glass and nautical-style curves.
That was back in 2017 when a jawdropping home at 497 Royal Esplanade fetched $3.9m.
The property at 9 Valetta St, Manly, certainly makes a statement with its never-to-be-built-out water views, private walkway to the waterfront, three levels, and nautical curves.
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The home boasts never-to-be-built-out views of the Manly harbour and surrounds.
Inside, suspended levels of open-plan, indoor/outdoor living areas are connected by a grand, limestone and glass staircase and a glass lift.
Italian limestone floor tiles flow out to all outdoor terraces.
Other features include a games room with a kitchenette, an infinity pool and terrace, a steam room, and a four-car garage.
The home is just as impressive from the inside.
Rachael Spinks of Spinks & Co Residential negotiated the sale, but declined to reveal any details about the buyer or seller.
Records show the property had been owned by PGP Group, who paid $1.36m for it in 2002.
Ms Spinks said the home attracted strong interest from Brisbane and interstate buyers, as well as one party from the Netherlands.
The home is in immaculate condition.
“Even though this wasn’t a brand new home, it was in immaculate condition,” Ms Spinks said.
“It just shows that if (a property) is in pristine condition, in a good position, or fully renovated, it’s still in demand.”
And there must be something in the water, with a four-bedroom house on 405 sqm at 373 Esplanade, Manly, selling just last month for a healthy $2.45m.
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