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.
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.
“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
Sep 18, 2023
Each year, NGU Real Estate treats its top performers to an extraordinary overseas adventure. For this year's getaway, we chose the enchanting country of Croatia as our destination, and it exceeded all
Sep 5, 2023
The Real Estate Institute of Queensland (REIQ) has been the leading authority for Queensland's real estate industry for over a century. It serves as a prominent advocate and provider of training and a