Cottles Bridge estate with top view poised for price record
A lavish Cottles Bridge house with chandeliers in the main bedroom and parking for 17 cars is poised to smash the town’s property price record.
The sprawling 11.33ha estate at 205 Hildebrand Rd is listed with a $2-$2.2 million asking price that could top the previous record holder by more than $500,000.
Not bad considering the town is home to about 600 people.
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The four-bedroom house has also got a million-dollar view the local council has banned other homes from accessing — which has proven very popular with prospective buyers so far, according to Ray White Diamond Creek listing agent Narelle King.
“It’s a good lifestyle property with amazing views,” Ms King said.
“And Nillumbik (Council) now won’t let you build homes on top of hills.”
The current owners, car enthusiasts, had made full use of a double garage and a more than 200sq m shed with a concrete floor with room for another 15 cars, she added.
And the home itself has also been given a no-expenses spared update, with Ironbark floors throughout, Miele and Smeg appliances in the kitchen and even an overhaul of the veranda.
CoreLogic records show the previous high water mark was set at $1.64 million by an almost 8ha vineyard at 1420 Heidelberg-Kinglake Rd, Cottles Bridge in March 2017.
Just 601 people were listed as living in the tiny town about 30km northeast of Melbourne at the last Census, but with a winery just down the road the buyer isn’t likely to be a local.
“It’s a very small area, but this home will attract buyers from all of the Diamond Valley area,” Ms King said.
“People who might buy in Yarrambat or Plenty or Kangaroo Ground will consider this for the bigger land.”
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