Big dollars continue to roll out in Lorne

INVESTOR dollars continue to roll out in Lorne, with Great Ocean Road Real Estate selling another multimillion-dollar property not long after selling 1 Roadknight Street for a record-breaking figure in excess of $7 million.

Agency director Ian Stewart said their most recent sale of a Swaney Draper designed five-bedroom home at 39 Hall Street, which sold within the $4 million price range, continued to prove the “summer sell out” was here to stay after weak sales the previous year.

“This exclusive Hall Street home came to the attention of many discerning holiday home buyers who were looking to enjoy the best Lorne has to offer, as these new purchasers have donned.
“As with Roadknight Street, this exceptional property was only recently listed, and the sale was concluded quiet quickly.

“There is notable confidence in the high end of the Lorne property market at the moment, with a record sale of $4.925 million for 104 Smith Street last year, 1 Roadknight Street surpassing $7 million last month, and this February sale in the $4 million range.”