
The Darling of Darley Rd: A Prestigious Property Returns
The grandeur of 87-89 Darley Road, Randwick, is set to captivate potential buyers once again with a revised price guide of $14 million ahead of its auction on October 23. Originally listed at $20 million just 18 months ago, this impressive seven-bedroom home—known affectionately as 'The Darling of Darley Rd'—is not just a showcase of Victorian-era charm but also a modern marvel updated for contemporary living.
An Architectural Gem with a Rich History
Built in 1906, this opulent home was initially constructed for Colonel William Farrell, an army officer who hosted parades in front of the property. The residence combines historical significance with remarkable architecture, featuring castellated towers and high ornate ceilings which echo the elegance of its era. After being transformed into a private hotel in the mid-20th century, it reverted to a family home, providing a unique opportunity for its current owners to maintain both its heritage and luxury.
Market Trends and the Potential for Record Sales
The real estate market in Randwick is currently heating up, with significant buyer interest and numerous high-profile sales. The agents leading this auction, Ray White Double Bay, anticipate that the home could surpass the suburb record of $14.35 million, set in 2023. This increase in confidence is reflective of broader trends within the prestige property market as spring drives heightened activity and demand.
Modern Updates That Preserve Historic Charm
The current owners have made several modern upgrades that complement the home's Victorian grandeur. Features like a state-of-the-art kitchen equipped with premium appliances, multiple bathrooms, and beautifully landscaped outdoor spaces highlight the duality of history and modern convenience. With ample space for living and entertainment, including a heated swimming pool and a studio/pool house, this home stands as an ideal setting for both work and leisure.
Conclusion: A Unique Opportunity Awaits
This significant price adjustment positions 'The Darling of Darley Rd' as a compelling opportunity for discerning buyers. As the auction date approaches, potential purchasers are encouraged to consider the remarkable potential this grand residence offers. If you're looking for a home that balances historic allure with modern amenities, this property should be at the top of your list.
Write A Comment