Waterfront Sanctuary Lakes mortgagee sale

Barry Plant have listed a waterfront Sanctuary Lakes home under mortgagee instructions.

Located on the picturesque Sand Piper Island, the home sits on a 841 sqm Sapphire Close lot.

Sliding doors allow access to the outdoors where there is a pool and large deck bordered by low maintenance garden.

Each of the four bedrooms are on the top floor, where there's an additional living room and a central bathroom.

The Point Cook property sold in 2003 at $665,000.

There had been two sheriff's auction scheduled for the property during 2016.

The price guidance is $890,000 to $970,000.

The suburb's median sits at around $590,000.

The agents nominated comparable recent sales as:

21 Seaview Point, Point Cook	$950,000	Jun 17
30 Spraypoint Dive, Point Cook	$960,000	Aug 17
167 Sanctuary Lakes South, Point Cook	$935,000	Aug 17