A tennis court tucked away in one of Melbourne’s most prestigious suburbs has been served up to the market, with neighbours teaming up for a shared shot at the prize.
Nestled amongst multimillion-dollar houses in Sandringham, a bayside suburb in Melbourne’s southeast, 8C Rose Street has proven a hit with a range of buyers.
The 1400sqm property features a clubhouse, a patch of lawn with a large gum tree, and two tennis courts with an en-tout-cas surface – a type of clay court popular in Victoria.
The 1400sqm tennis complex is tucked behind within a residential neighbourhood in Sandringham in Melbourne's southeast. Picture: realestate.com.au/buy
Home to the century-old All Souls Tennis Club, the property has been put up for sale by a local church, which is also selling a nearby kindergarten.
Selling agent and Hodges Sandringham director Stephen Wigley said the unusual property had rallied plenty of interest among locals, with a consortium of neighbours considering lobbing an offer.
Surrounding neighbours have teamed up to make a play for the local tennis complex. Picture: realestate.com.au/buy
“There’s about six of them that have come together to buy it as a group,” he said. “They’re looking to keep it as tennis courts and use it as a group.”
Mr Wigley said the property was unusual in that it didn’t have a street frontage, with access via a pedestrian path from Rose Street, making it significantly more affordable than more typical lots.
The court is accessed via a pedestrian walkway, making it a unique proposition. Picture: realestate.com.au/buy
“The land in that spot would be worth about $3.5 million if it had a frontage, but because it doesn’t, I’ve valued it at about $1.2-1.3 million,” he said.
Other buyers were investigating the possibility of developing the block into housing.
Some buyers have shown interest in building houses on the property. Picture: realestate.com.au/buy
“I had a couple of people considering building a house and taking all the equipment down the walkway, but it would be tough,” he said.
“There are a couple of builders looking at it and they’ve got some different ideas on what they can do.”
“You could build one house on one tennis court and keep the other.”
The century-old tennis courts feature a quaint clubhouse. Picture: realestate.com.au/buy
He said the lack of a driveway wouldn’t necessarily be a dealbreaker for buyers looking at converting the complex into housing.
“You can park on the street, as residents get two parking permits,” he said.
The courts are located in one of Melbourne's most exclusive suburbs with a multimillion-dollar median house price. Picture: realestate.com.au/buy
Sandringham has a median house price of $2.01 million, although Mr Wigley said high-end houses often traded for much more than that.
“Rose Street is one of the better spots in Sandy,” he said. “Some houses have sold for $5-6 million.”
The Sandringham property isn't the only tennis court on the market right in Victoria right now – a 676sqm tennis court in Mornington is for sale for $1.35-1.485 million.
English (US) · 