12 Cabena St, Donvale, has been sold for $2.85m.
Race car driver turned builder James Moffat has sold a Donvale home he custom built for the suburb in a $2.85m deal that slammed the brakes on a planned auction.
The son of Bathurst legend Allan Moffat, he still races in the Trans Am Series with the support of car enthusiast and billionaire LMCT+ boss Adrian Portelli.
But these days he is also revving people up with impressive new home builds, his latest a four-bedroom house at 12 Cabena St that sold just days after being earmarked for a forthcoming auction.
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Moffat described the property as built for himself with all the things he would like.
That turned out to be exactly what three groups were after, with a local family besting two other parties with a purchase near the top of the $2.7m-$2.9m price guide.
Jellis Craig’s Chris Savvides said both the buyers and Moffat were “thrilled” with the result.
The home has an outdoor kitchen alongside its al fresco entertainment space.
The house showcases multiple living zones across its floorplan.
“James is considering a new project in the area,” Mr Savvides said.
“And there’s clearly a market for these, so we’d anticipate that James will do well again. Not many builders are speculating here with this type of home, so there’s not many brand new ones coming to the market.”
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