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Street record “smashed” in latest suburban riverfront sale.

May 08, 2019

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A stunning six-bedroom riverside home at Sherwood has sold for more than $3 million in under five hours.
The property at 17 Arbour St, is a street record, selling for $3,050,000.

 

17 arbour street sherwood bathroom views of the river

 

The previous street record was $1.91 million, according to NGU Real Estate selling agents Emil Juresic and Leo Liu, who sold the home recently to a Chinese buyer.
“We really smashed the record here,” Mr Juresic said.
“It was a cash contract, no conditions."
“Something like this in Ascot would sell for $25 million”.
Mr Juresic said the new residents lived in Brisbane and owned a business.
He said the couple who built the home had done an incredible job.

 

17 Arbour Street ultra modern new development kitchen finishes

 

“It’s one of the most well designed homes I have seen,” Mr Juresic said.
17 Arbour St, Sherwood.
According to CoreLogic data, the current median house price in Sherwood is $870,000.
Mr Juresic said there he had five private inspections in 24 hours.
The home, known as Riviera, is on a 858sq m block, and features a wine cellar, large in-ground swimming pool, butler’s pantry and secure yard.
Reshni Ratnam
8 MAY