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.
“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.
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.
“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.
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.