The harbourside abode is one of the grandest historic homes on a coveted street in Birchgrove.
Now, one of the grandest historic homes on this coveted strip, Keba, has come to market with a $25 million to $27.5 million guide. If achieved, this price would recalibrate the suburb record along with the entire Balmain peninsula, which spans Birchgrove, Balmain, Balmain East and Rozelle.The home has been owned for almost 25 years by law professor and barrister, and they have reluctantly opted to list their grand 1878-built abode of almost 25 years in a classic downsize.
Selling agent and Balmain peninsula local Elizabeth Rook, of Sotheby’s, expects Keba to eclipse records on the tightly held peninsula, noting the only recent comparable transaction was theHistoric residence Keba has harbour views to Cockatoo Island. “It’s the grandeur of the home: you step into the front gate off Louisa Road, it’s confronting – but in a good way,” Ms Rook said. “It takes you back to a time when properties were built to last. There’s this living, dining, kitchen area that feels like a ballroom, the scale is incredible.”Eddie MachaalaniPrestige buyers agent and Sydney Slice joint principal Stephen Smith said that compared with the eye-watering prices of Sydney’s eastern suburbs, Birchgrove offered “comparatively good value”.
“You’ve got a stunningly beautiful house, boat facilities, views and 1300 square metres. It will reset the appetite for waterfronts in the inner west when it trades. We might even look in a few years and think ‘wow that was cheap’.”
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