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Today's quote:

Saturday, June 25, 2022

I keep looking at the real estate market

 

I keep looking at the real estate market as the time will come when these seven-plus acres will become a bit too much for me to look after, and these cold southern winters a bit too much to bear.

Yes, prices are coming down a bit, but every so often a property shows up that makes me gasp and say, "WHAT? HOW MUCH?" 11 Fairley Street, Depot Beach, for sale at $3 million, has prompted me to say just that!

This is what you would get for $2,900,000 - $3,150,000: "Set just 250 metres from the water’s edge on some of the most pristine coastline Australia has to offer, this architectural masterpiece blends seamlessly with the stunning natural wonder that is Depot Beach. Designed by the award-winning Peter Stutchbury to take full advantage of this secluded and prestigious location, 11 Fairley Street is a testament to the robust engineering, superior construction and exquisite finishing synonymous with the Stutchbury name. Built with the family in mind and with privacy at a premium [sic; did she really mean privacy was difficult to get because there is little available?], the home itself features 3 bedrooms including two overly-generous queen sized rooms as well as a bunk quarters capable of sleeping up to six people. Communal spaces are a dominant focus for this modern day homage to the classic beach house of yesteryear, with glorious open spaces on both levels adorned with simple yet stylish materials such as western red cedar, polished concrete, spotted gum and stainless steel. Ingenious design elements allow you to blur the lines between interior and exterior with centre-folding aluminium doors and moveable exterior walls. A fully operable balcony roof amplifies the sense of space, bathing the first floor in precious northerly sunshine when open. Just 4 hours south of Sydney by car and only 50kms to the Moruya Airport, Depot Beach is the jewel in the crown of one of Australia’s most highly regarded and sought after coastal regions. 11 Fairley Street is a genuine blue-chip property, masterfully brought to life in the midst of a truly stunning natural location. Properties of this nature are extraordinarily rare indeed and this is an opportunity not to be missed."

It's a stylishly modern house but on just 734 square metres of land and a whole 250 metres FROM the water's edge, to say nothing of the long drive back into town to pick up that forgotten packet of LIPTON's tea.

As I wrote, I keep looking at the market, and if this one sells for its asking price of three million dollars, there's hope for "Riverbend" yet.


Googlemap Riverbend