Brisbane’s Hamilton Hill is home to some very prestigious riverfront homes. Now, two of these properties have been placed on the market. One historic home on Hamilton Hill has been listed for sale for the first time in 35 years.
The property at 24 Hillside Crescent, which was built by a timber merchant 80 years ago, was last placed on the market in the late 1970s
No sales prior to that time have been recorded, Place property agent Sherrir Storor said.
The three-bedroom, two-bathroom property sits on a 506 square-metre allotment overlooking the Brisbane River.
It will be put to auction this Thursday, March 20, at 6.30pm.
“This house occupies an elevated position on Hamilton Hill and has a wide frontage with panoramic sweeps down both reaches of the Brisbane River and onto the city skyline,” Ms Storor said.
The home features leadlight awning doors, polished cedar timber floors and high decorative ceilings.
Meanwhile, a brand new five-storey mansion also atop Hamilton Hill has also been placed on the market.
Hamish Carlyle, a partner in Rostron Carlyle Solicitors, and his wife Lily purchased the land at 6 Langside Road for $1.5 million in 2007.
It took four years to build their five-bedroom, four-bathroom home, which was designed by award-winning architect Teo Cavallo.
“Mr Carlyle recently took on the project of the firm’s expansion into Sydney,” Damon Warat of Ray White Ascot said.
“He will be spending half his time in Sydney, which brought the family to the decision to
sell their Hamilton home and downsize.”
Mr Warat said the home’s spectacular views of the river were unrivalled in the area.
“No luxury is overlooked. The home features expansive living areas, designer light fittings throughout, home theatre room, pool with waterfall, sauna, parents retreat, cocktail bar and executive study with library,” he said.
“There are bi-folding doors on every level to take advantage of the south-east aspect and river views.”
The house will be auctioned on April 10, if not sold prior.
Hamilton’s position on a hill protected the riverfront suburb from the worst of the floods in 2011, but prices have not been immune to softness in Brisbane’s housing market.
On the southern side of the river, one of the few absolute riverfront homes at Kangaroo Point has been placed on the market for $4 million.
The property at 25 Castlebar Street is one of only three houses situated right on the river at Kangaroo Point, alongside
Shafston House, according to Place chief executive Damian Hackett.
“The position is enviable in that the opportunity to purchase a freestanding house in this precinct is virtually unattainable now and into the future,” Mr Hackett said.
The house, which sits on a 620 square metre block, includes four bedrooms, three bathrooms and a study. The property also boasts a separate, self-contained flat.
“The living spaces have been tiered to take advantage of the views,” Mr Hackett said.
Although the sub-$1 million price bracket has been leading the way in
Brisbane’s property market, Mr Hackett said the top-end was following suit.
“We witnessed a pick-up in the market towards the end of 2013 and the momentum has only continued into 2014 as confidence improves generally among buyers,” he said.
“Riverfront properties in this city, as in all cities, are highly sought after and protected are somewhat of a rarity, which means interest from buyers will only be greater.
riverfront home at 114 Virginia Avenue, Hawthorne, which sold for $7.5 million, was the most expensive property to change hands in Brisbane last year.
Original article published at www.brisbanetimes.com.au by Marissa Calligeros 18/3/2014