Record $8.95m price in Cylinders Drive
A Japanese-inspired property in northern NSW, with a Zen garden and fish pond with koi fish, has sold for a record $8.95m.
The luxury beachfront home on Cylinders Drive, Kingscliff, is known as House of Sakana.
The property sold unconditionally last week through Nick and Carol Witheriff of LJ Hooker Kingscliff, attracting buyer interest from Brisbane,
Gold Coast and Sydney, as well as New Zealand and the US.
“This is a record price for a home on a single lot in Kingscliff,” Mr Witheriff said.
“It’s another result that cements Cylinders Drive’s reputation as one of the most popular streets between Sydney and the Gold Coast.
“Price records continue to topple in the street.”
A triple block at 44-48 Cylinders Drive sold for $9.45m recently, also marketed by Mr Witheriff, but House of Sakana was the highest price paid for a home on a single block.
The buyers lived in Kingscliff for several years and had always dreamt of living beachside in Cylinders Drive, Mr Witheriff said.
House of Sakana, at 37 Cylinders Drive, was the culmination of six years of craftsmanship, with two levels of luxury living on a 1012sq m block.
Property records reveal vendors Steve and Ali Latham paid $3.35m for the property in 2018.
The four-bedroom, fourbathroom home includes a Zen garden and 25,000L fish pond, heavy engineered concrete, soaring teak-lined ceilings, copper lighting, Italian appliances, and a six-tonne solid marble kitchen bench.
Proptrack shows the median house price in Kingscliff is $1.8m, down 12.2 per cent.