Striking Gisborne semicircular home finds $807,500 buyer looking for views

By Jonathan Chancellor
Tuesday, 09 October 2012

With a disclosed $750,000 reserve price and 14 contract requests, the weekend auction of a striking modern home at Gisborne triggered an $807,500 sale.

The 115 Outlook Lane house, with views of Mount Macdeon, sold through Julian Davies at Keatings Real Estate.

Set above Jacksons Creek, the 1.7-hectare vacant building holding was bought in late 2007 for $340,000 by Kate and Ollie Luciano.

There are views from every room through floor-to-ceiling glass along the entire length of the semicircular design of the valley where deer roam.

After their initial inspection of the site the Lucianos took a sketch made on butcher's paper to the architect Design Edge, who came up with a structure designed as a series of 12 wedge-shaped segments, each supported by a framework of high-strength steel columns and beams and spanned by extra-thick laminated glass panels.



      Did you like this article? 

      Sign up to the Property Observer Newsletter to receive a daily news wrap-up straight to your inbox AND a free eBook!

      Please enter a valid email address. For example fred@domain.com .


      The Mark at Sydney's Central Park

      Central Park is the $2 billion transformation of a heritage brewery site on Sydney's Broadway into a vibrant mixed-use urban village.

      Designed by architects Johnson Pilton Walker, 'The Mark' is a soaring glass tower of sustainability, advanced building technology and applied imagination - and your opportunity to capitalise on Central Park's success.
      Register your interest now at centralparksydney.com or call 1300 857 057. >>
        Previous
        Next
        Investors should steer clear as Port Hedland's star fades: Terry Ryder Terry Ryder
        Now, all signs point south for this market. A year ago vacancies were near zero but today they’re approaching 5%. Price growth has stopped and, according to Australian Property Monitors’ price graph, has started to dip below the red line.
        SEARCH SITE
        Calculator sponsor

        Repayments Calculator

        Monthly repayment ($)
        Talk to a home loan expert

        Suburb Data

        Free suburb snapshots for investors

        Powered by

        Property data for Western Australia Property data for Tasmania Property data for Queensland Property data for Northern Territory Property data for South Australia Property data for Victoria Property data for New South Wales Property data for Canberra

        Click on your state for local insight

        Follow us Property Observer on Twitter Property Observer on Facebook Property Observer on LinkedIn Subscribe to Property Observer RSS feeds

        Developer Spotlight

        Property Observer

        Atria Apartments in Hawthorn offers buyers an opportunity to invest in one of Melbourne’s finest suburbs.

        RP Data-Rismark June 20 daily index
         

        Private Media Publications

        Crikey

        loading...

        Smart Company

        loading...

        StartupSmart

        loading...

        Leading Company

        loading...

        Womens Agenda

        loading...