This property at 59 Molonga Tce, Graceville, has sold for a suburb record of $6.3m.
SUBURB records are being smashed all over the city as the pandemic fuels a flight to premium property.
The latest is a contemporary riverfront home in the sleepy suburb of Graceville in Brisbane’s west, which has just changed hands for $6.3 million — beating the previous biggest home sale in the suburb by $2.3 million.
The kitchen and dining area of the property at 59 Molonga Tce, Graceville.
Designed by the multi-award-winning group Base Architecture, the property at 59 Molonga Terrace was owned by Chris and Letitia Vitale of residential property developer, Point Corp, fame.
The sale, to a local buyer, was negotiated by Heath Williams and Ann-Karyn Fraser of Place – New Farm.
The pool area of the property at 59 Molonga Tce, Graceville.
The house has five bedrooms and three bathrooms and sits on a 1369 sqm riverfront block.
Think luxury industrial living, featuring raw and polished concrete, natural timbers, and large expanses of glass for overlooking the Brisbane River.
The property at 59 Molonga Tce, Graceville, was designed by Base Architecture.
The three-level property has a lift to take you between floors, which are open plan.
A gas fireplace and soaring void on the middle level seamlessly connects the indoors to the outdoors, where there is a built-in barbecue, pool, landscaped gardens and a timber deck.
Ensuite goals at 59 Molonga Tce, Graceville.
The new owners can party the night away in a soundproofed bar area, with large wine fridge.
There’s also a fully integrated sound system and feature lighting.
This property at 59 Molonga Tce, Graceville, has sold for $6.3m.
CoreLogic records show the previous record residential home sale in Graceville was held by 95 Bank Road, which sold for $3.9 million in 2018.
Last month, Raby Bay’s sale price record was beaten when Joseph Lordi of McGrath Estate Agents sold a waterfront home for $8.5 million.
And in nearby Wynnum, a property at 97 Petersen Street has just sold offmarket for a new record of $2.85 million through Place – Bulimba.
The master bedroom in the property at 59 Molonga Tce, Graceville.
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