Adelaide prestige properties selling in less than a week

Cashed-up buyers aren’t wasting any time snapping up prestige properties, with two luxury homes selling within days of hitting the market over the past week.

A modern Beaumont mansion and a revived Hyde Park character home were on the market for less than a week before going under offer.

Williams Real Estate agent Michael Stentiford said there were multiple offers on the table for the Beaumont property at 26 Katoomba Rd, which changed hands for an undisclosed price.

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The Beaumont home at 26 Katoomba Rd sold within days of hitting the market.

There were five offers for the home before it sold.

A local family purchased the home.

“We launched on the Tuesday and had our first open inspection on the Wednesday,” said Mr Stentiford, who sold the property with Angela Stentiford.

“By the end of lunch time Monday, we had five offers on the property.”

Mr Stentiford said all the househunters who made an offer for the four-bedroom home were locals, with the buyers being a family and the under bidder already a Katoomba Rd resident.

While there were several standout features of the home, Mr Stentiford said the custom designed and built property’s quality was what appealed to prospective buyers most.

“With this particular property, it was very well built and laid out, with the master suite downstairs,” he said.

“There was absolutely no compromising.

“There’s a shortage of stock in that location that delivers the true quality that people are looking for.

“At that end of the market, people are picky.”

Meanwhile, the Hyde Park property at 199 King William Rd sold after its first open inspection.

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The Hyde Park property at 199 King William Rd also sold within a week of hitting the market.

It sold after its first open inspection.

Its location and position in Hyde Park was one of its biggest drawcards.

Property records show the three-bedroom sandstone villa changed hands for $2.95m.

Selling agent Stephanie Williams, of Williams Real Estate, said there was “so much interest” in the property, mainly because of its position.

“That precinct is just so popular, it has such a nice, cosmopolitan village feel,” she said.

“It was a local buyer (who purchased the home) and we had multiple interested parties.”

Ms Williams said another in the suburb at 44 Westall St sold within a week, its position in the sough-after area being one of its biggest drawcards.

“There are always strong numbers in there,” she said.

Fully-renovated homes offering a turnkey lifestyle were in high demand at the moment, Ms Williams said, with many willing to pay a premium price for the convenience.

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