aerial view Mt Vic estate

PHOTO: An aerial view shows just how large the site is in comparison to the surrounding properties. SUPPLIED

After nearly 70 years in the same family, the 1472m2 west-facing property at 43 Austin St, fondly known as Westbourne, has been sold for $2.6 million by Everard and Antonella Aspell of Ray White Wellington. The property, believed to have originated as a boarding house in 1878, holds significant historical value and is surrounded by lush greenery and secret paths.

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Despite its enchanting charm and impressive views of the city, the buyers, described as “very private people,” have chosen to keep their plans undisclosed, leaving a sense of intrigue surrounding the property’s future.

The house is well positioned for both the sun and the views.
The house is well positioned for both the sun and the views. SUPPLIED

Previously listed by Lowe & Co in 2021, the house attracted significant attention from developers and house hunters due to its rare size and location near the town belt. However, the family’s sentimental attachment to the house and its rich history, combined with the allure of restoring the character-filled villa, drew interest from those seeking to preserve its unique heritage.

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With its double bay windows, timber floors, stained glass entry, two lounges, two dining rooms, two kitchens, and a sunroom, the house retains its distinctive character, despite needing refurbishment. Its rateable value (RV) of $4.35 million doesn’t fully reflect its true value, considering its historical significance and the scarcity of properties of this size in the area.

As Westbourne embarks on a new chapter under its undisclosed new owners, the community eagerly awaits to see how this last remaining gem on Mt Victoria will be cherished and cherished for generations to come.

SOURCE: STUFF

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