Glebe's Craig-Lea listed with $3.8 million-plus hopes after much-needed reno
Craig-Lea, which sits on a 561-square-metre holding in Glebe’s Toxteth estate, has been listed for sale.
It has undergone a major recent sympathetic renovation, which has triggered its $3.8 million-plus hopes.
The six-bedroom Mansfield Street residence, which comes with three Travertine bathrooms, has a distinctive "barnfloor" Dulux paint colouring exterior.
It’s been listed for February 25 auction through Michael Glynn at McGrath Estate Agents.
It last sold at mortgagee sale by Westpac in 1996 at $625,000. It’s a late Victorian, probably late 1880s, which sat neglected for a considerable time. For the greater part of the last century it was a boarding house.
The McGrath website gives two Glebe comparables – a $4.2 million six-bedroom 1886 Toxteth Road house on 607 square metres sold in April last year.
There was also a five-bedroom Arcadia Road house on about 450 square metres that sold before its December auction at an undisclosed price but is understood to be about $3.8 million.
The median sale price for houses in Glebe is $975,000, according to RP Data.
