LORNE – HERE AND THERE

A record sale in Fairhaven this week of $10 million for Max’s Beach house which we holiday rent through Elux, has solidified and boosted confidence in our white hot coastal market place.

The beachside home has high demand and rents out at $3,400 per night in high peak times. With the capacity to pay $10 million, maybe holiday letting the property will be high on the new owner’s agenda. Details here.

LORNE – MARKET ROUND UP

After the fantastic result of 16 Richardson Boulevard selling for in excess of $2 million last week, 49 Richardson Boulevard has returned to the market place with an asking price of $1,650,000. The property already has a captive audience as it was withdrawn from its auction campaign last month, so we expect a pending sale very soon.