Big Bucks – 16 Iluka Rd, Mosman NSW REAL ESTATE
Lower north shore real estate agents are preparing for a prestige property bonanza this spring.
And buyers with deep pockets are already circling on an impressive collection of properties that have been quietly listed ahead of a September launch.
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Among them is 16 Iluka Rd, Mosman, which has a $35 million guide. The five-bedroom, six-bathroom mansion was built a few years ago, and is set in an exclusive Clifton Gardens cul-de-sac with a private beach, the waterfront reserve trophy home was designed by architect Shaun Lockyer, with interiors by Justine Hugh-Jones.
The 1720sqm property overlooks Taylors Bay and Sydney Harbour.
16 Iluka Rd, Mosman, has a guide of $35 million.
Michael Coombs, of LJ Hooker Avnu, has the listing, along with a treasure trove of other trophy homes he has been shopping around on the quiet, ahead of a spring launch. He said there were a number of buyers around looking for high-end properties, particularly on the lower north shore, and they were cashed up and ready to buy.
“I’m getting a lot stronger interest than I was this time last year,” he said.
8 Burran Ave, Mosman, has a guide of $24 million.
Mr Coombs said there were more ex-pats and Chinese buyers in the market, and prepared to buy sight unseen due to COVID-19 travel restrictions, and more families looking to upsize.
“Everyone is a little bit more focused on themselves and their families and loved ones and that includes where they live,” he said.
1 Pretoria Ave, Mosman, has a guide of $11.5 million to $12.5 million.
Among Mr Coombs swag of other trophy homes are 8 Burran Ave, which has a guide of $24 million, 13A Elfrida St, which has a guide of $18 million, and 1 Pretoria Ave, which has a guide of $11.5 million to $12.5 million.
13A Elfrida St, Mosman, has a guide of $18 million.
Nerida Conisbee, REA Group’s chief economist said there was no shortage of demand for Sydney properties at higher price points.
Stock continues to be a problem across the board, however, and this is helping maintain strong prices.
“COVID-19 doesn’t appear to be denting our obsession with property,” Ms Conisbee said.
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