A battle between two keen bidders has resulted in a record price for an unrenovated house in central Kiama with a heritage listing.
Long term locals bought the property through a buyers’ agent for $1.695 million, significantly above the reserve, after bidding started at $1 million.
“It was a great result,” says First National Coast & Country’s Andy Wharton.
“They know how much it is going to cost to renovate, but love its history, location and potential.”
The house, on Barney St adjacent to the train line, was originally built for George Fuller and his wife Sarah Miller around 1860. It was last sold almost 80 years ago.
Sue Eggins, President of the Kiama & District Historical Society, is delighted the house has been appreciated.
“It is a beautiful old house that deserves to be preserved.
“Too much of our history and character is in danger of being lost.
“It shows a heritage listing isn’t a deterrent for the right buyer.”