Albert Park tower house shoots to huge result $1m above reserve

Albert Park tower house shoots to huge result $1m above reserve nmprofetimg 1447
Albert Park tower house shoots to huge result $1m above reserve capi 7c98c7648abaa88b76bd029814f5bf8b c34bda29dd9df6def43e8feac9f8f0be

92 Page St, Albert Park sold for big money.

An Albert Park home with its own tower has climbed to the top of Melbourne’s most impressive auction results, shooting almost $1 million above reserve.

A whopping $9.01 million was collected under the hammer for 92 Page St.

Greg Hocking Holdsworth director Simon Gowling said it was the historic property’s rare design that helped it attract five bidders.

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The home sold for $9.01 million.

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A modern kitchen.

“It’s one of those homes that if you missed out on it, you’d be waiting another 30 years to have another opportunity like it again,” Mr Gowling said.

“It’s just not your run-of-the-mill property.”

He said many buyers had become nervous about bidding on the property because of the coronavirus pandemic, but still raised their hand on the day.

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The house was unusually large for the area.

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The historic home was built in the 1880s.

A South Melbourne man bought the home after inspecting it for the first time on the morning of the auction. He plans to live there with his family.

Lawler House was listed with a $7-$7.5 million price guide after being owned by one family for about 30 years.

Listing agent Warwick Gardiner said it had a special connection to the area after being built in the 1880s.

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The character home was bought by a South Melbourne buyer.

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Historic images of the property, built with a tower.

“The gentleman was a sailor and it was built so his family could go up to the top and look out over Port Phillip Bay to see the boats,” Mr Gardiner said.

“While Beaconsfield Pde has now been built up, at the time you could see right across to the water.”

A spiral staircase still leads to the top, where views of the city and glimpses of the bay can be enjoyed.

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A modern open living setting.

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There’s a self-contained unit above the garage.

In recent years, a modern renovation added a spacious living domain connected via automated glass doors to the backyard, pool and spa.

A glass-balustrade staircase, marble kitchen with built-in wine fridge, and a self-contained unit and triple garage at the rear are other features for owners to enjoy.

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