Mont Albert Road, Canterbury trophy home sells for $6.66 million

A Canterbury trophy home has been sold for $6.66 million, having been listed in late May through hockingstuart.

The Mont Albert Road property last traded at $5.5 million in 2011.

It's a grand double-storey 2005-built house (pictured above) with 496 square metre internal space plus pool and tennis court on its 2,050 square metre block.

It was sold by Chinese vendors, Cai Huishuang.

Sales this year include Silchester, at 106 Mont Albert Road, Canterbury, listed with $6 million plus hopes and passed in at $6.02 million at auction.

The double-storey 1920s house with pool and tennis court on its 2,161 square metre corner block, and even a croquet lawn, has been since sold at $6,475,000.

I recall it last traded to the current vendors in 1993 when sold at around $1.5 million by Brian Blythe from Spotless.

Another recent sale was 67 Mont Albert Road (pictured below) where a 1925 brick house fetched $2,625,000 through Box Hill agents Winny Ni and Bruce Li to Chinese buyers. It was among the 2007 sales at around $2.4 million. 

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Syme Manor, the Edwardian style Canterbury home (pictured below), was sold recently at $4.8 million to the Zhou family. It last traded at $4.8 million in 2008. 

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There's a contemporary family entertainer update to the established 1920s home set on a 1746 square metre block with tennis court, pool and sauna. The Mont Albert Road property was first listed in spring 2013 with $5.35 million price guidance.

The so-called golden mile of Canterbury produced mixed results last year when I wrote the street's highest sale was the Sisters of Mercy development site which fetched $8.78 million in September.

The highest house sale was $7.5 million for the Schwal family's 2800 square metre property at 129 Mont Albert Road. It sold through Kay & Burton's Michael Armstrong, settling late last year after selling around April to Chinese/Australian buyers. It had been initially listed in spring 2012 with video marketing (below).

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Agents tell Property Observer that half of Mont Albert Road's 10 sales during 2013 were to Chinese/Australian buyers.

There was a $5.9 million sale last year at 168 Mont Albert on the road of an eight year old Dordonge-style home with trimmed Manchurian pear trees lining its driveway.

It was bought by Chinese/Australian buyers who have been especially evident on the golden mile since 2007, often then making their purchases available as rentals.