15 Ernest St Balgowlah Heights sold for $5.05m, $250k over its guide, with Aussie expats from Dubai fighting over it.
A new townhouse in Balgowlah Heights has sold for $250,000 over its guide and almost a week before its expressions of interest closing date.
Anthony Walls, of Max Walls International, said it was a big price for a house without a view but he had several buyers interested including expats from the Middle East anxious to come home.
“I have been talking to one expat in Dubai whose wife has fled to Paris with one child while he was stuck in Dubai with another child watching missiles flying past,” he said.
“They just want to come home,” he added.
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It was a big price for a home with now view.
It had a guide of $4.8m.
The Australian national was chasing the Ernest St townhouse, which had a guide of $4.8m but was pipped at the post by a couple from the southern highlands keen to return to Sydney.
“We are seeing many expats wanting to get out of the Middle East,” Anthony said.
“They want a safe base in Australia, and they are armed to the teeth with a stronger currency,” he added.
The four-bedroom, three-bathroom home with glass pool and lift at 15 Ernest St, Balgowlah Heights had expressions of interest closing March 30 but such was the demand it sold for $5.05m to the buyers from the southern highlands almost a week before the deadline.
The sophisticated home in the heart of Balgowlah Heights combines architectural sophistication and resort-style living.
It combines architectural sophistication and resort-style living.
Designer bathrooms.
There are large rooms and clever use of space plus the see-through saltwater swimming pool, an alfresco kitchen for entertaining and a large media room which would make a great cinema room.
The heart of the homes is a Taj Mahal quartzite kitchen with a full suite of Miele appliances, a butler’s pantry and an outdoor kitchen with built-in barbecue and bar fridge.
There are two spacious living areas, as well as the media room, a customised wine cellar and ducted air conditioning.
Four bedrooms are served by three designer bathrooms, including an ensuite. There are also balconies front and back and a landscaped area around the pool and off the covered alfresco terrace.
Features include wide oak floorboards, Italian glass mosaic tiles, bespoke joinery throughout, double glazed windows and an oversized double garage.
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