Palm Beach racks up another big sale as beachfront fetches $9.8 million

Palm Beach racks up another big sale as beachfront fetches $9.8 million
Joel RobinsonNovember 22, 2018

The Palm Beach market is sizzling heading into summer with another big ticket sale.

It was achieved in just 20 days too.

A caveat lodged shows the buyer to be Sydney property investor Victor Comino, who earlier this year bought the Pitt Street HQ of Washington H Soul Pattinson for around $100 million..

The brick and tile home on its 1,220 sqm Ocean Road parcel was offered for the first time since 1974.

It has four bedrooms and two bathrooms across its two levels.

There are two living rooms on each level. The lower level space opens to the front terrace and lawn and to the rear courtyard. 

LJ Hooker Palm Beach agent Peter Robinson sold the home.

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Editor's Picks

Hamton launches sales at Scotch Hill Gardens, Hawthorn
RBA cut interest rates amid inflation decline
Reddam House North Shore opening to lure families to North Sydney
Woolworths to sell another prime Brisbane development site with apartment approval
TOGA's vision for building vibrant new community precincts across Sydney