A five-bedroom four-bathroom home accustomed to holding musical events on its sweeping front lawns is tipped to break the city’s house-price record of $7.3 million held by its ‘Golden Mile’ neighbour.
The impressive residential estate at 25 Mugga Way, Red Hill, includes two acres of ‘magnificent mature gardens’, a residential annexe, a 14-metre heated swimming pool, and an international-sized floodlit tennis court.
Named ‘Woodleigh’, the property last changed hands in the year 2000 for a then Canberra record-price of $2 million and is expected to again set a price record – overtaking current record holder 27 Mugga Way which sold for $7.3 million in 2010.
“We are certainly expecting ‘Woodleigh’ to set a strong new residential price record for the Canberra region,” listing agent Bill Lyristakis of Berkely Residential told Region Media.
The property is entered through a sweeping driveway and features an ornate water fountain and a canopy of mature trees.
The north-facing residence has an imposing entry hall with a sweeping staircase, large formal lounge and dining rooms, and a large kitchen with high-quality Miele appliances which is adjacent to a meals/family area.
There is also an attractive games room with garden access, a private basement cellar and office/store, a large master suite with bathroom and balcony, and four additional bedrooms with two bathrooms.
Directly adjacent to the main home is an annexe with high cathedral ceilings, feature brickwork, and a kitchen and bathroom which can be used as a living/working/entertaining space.
Large covered walkways surround the home which also features extensive car accommodation and storage.
Large palm trees, extensive plantings, a waterfall and established gardens add to the property’s appeal.
Mugga Way is one of Canberra’s most sought-after streets because of its quality homes, closeness to Red Hill Nature Reserve and its proximity to prestigious schools, Manuka Village and a variety of cafes and restaurants.
Expressions of interest for Woodleigh are open until November 29 this year. The home will be open for viewing in the early evening today (November 10) and tomorrow (November 11) by appointment.
For more information or to arrange an inspection, please contact Mr Lyristakis of Berkely Residential on 0418 626 593 or click here.