Historic Burwood Federation castle breaks suburb record

Richard Matthews Real Estate sold the 1907 home for $6.6 million.

The Announcement:

Richard Matthews Real Estate broke the Burwood suburb sales record on Saturday after selling an historic Appian Way property on Saturday.

A tribute to the Richard Matthews team, the home passed in a $6.3 million before post auction negotiations saw it sell at $6.6 million, an enormous $300,000 more.

One of the earliest surviving evidence of settlements in Burwood, 2a Appian Way encompasses a huge 3260sqm and is the largest land holding on the street.

A family of six were successful on the day, one of the six registered bidders and more than 300 onlookers. The family has plans to completely restore the home to its’ former glory.

Built in 1907 and named ‘Verona’ this heritage masterpiece illustrates the highest calibre of sophistication and elegance at every point across six bedrooms, three bathrooms and multiple indoor and outdoor leisure spaces.

Surrounded by lush manicured gardens, the property offers exclusive access to the facilities of Burwood’s elite including a tennis court and Appian Way Greens.

Director of Richard Matthews Real Estate and Auctioneer, Matthew Everingham has more than 23 years of experience in the local area said, “While this home is an absolute landmark masterpiece, it has been tightly held since the 1980’s and could use a refresh”.

He continued, “it was an honour to represent a home of such grandeur that is a piece of local history, one we are hoping to repeat in the not too distance future”.

Appian Way is the only state heritage street in Burwood and exemplifies some of the finest federation homes in Australia

Source: Richard Matthews Real Estate

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