Raine&Horne Real Estategives us this week's Tale Behind the Sale.
- 28 Thurlow Avenue, Nelson Bay
- 3 bed | 2 bath | 2 car
- Sold prior to auction
- Agency: Raine and Horne
- Land size: 641 sqm
- How long was the property on the market?
This Nelson Bay waterfront reserve represented a return to happy memories for the buyers, who purchased a piece of their personal history.
The waterfront reserve property was on the market for two days before it was snapped up at a record price for the street. It was scheduled for auction but sold prior for $3.3m.
The sale was in line with a list of comparables ranging from $2.8m-$3.5m of waterfront reserve properties in the area.
- Tell us about the buyers.
The buyers rang on the first day that the property was on the market. Very excited, they said they were keen to inspect it the next day after getting a travel permit and wanted to buy.
- What was the reason for purchasing?
28 Thurlow Avenue was originally their parents' home many years ago, and they had many memories of spending time there and walking to Dutchies Beach.
- What did they love about the property?
The buyers were looking to get back to the Bay to retire and when they saw their old home had just come to market, they knew they had to get it back.