Yahoo Finance Inside the Sydney house on a cliff set to break $14m record
A stunning house that sits on a cliff face with waterfront views of Sydney's east coast is expected to break the local suburb record of $14 million.
Built in 2004, it's the first time the five-bedroom, four-bathroom home located in Sydney's Maroubra has ever hit the market, but the house's location and architectural design makes it a shoo-in to set the new suburb record.
“I think [the result] will be in high teens, potentially up to $20 million,” said Ray White Maroubra and South Coogee agent Nader Hotait told AFR.
“Having 1400 square metres, with two frontages right on the ocean, is unique and hard to come across.”
Described as "one of Maroubra's most exquisite" residences, the ocean vistas are visible from each of the four floors of the home at 39 Liguria Street, Maroubra.
"Crafted to take full advantage of unbroken ocean vistas from four levels, the home offers an intimate living experience in harmony with the sea," the listing states.
And if the sound of the ocean crashing onto the rocks below wasn't enough, the house also comes with an infinity pool.
If you're a sun lover, you'll enjoy the property's "private sunbaking rocks" that take you to the water's edge.
The home is also a great match for a buyer with an interest in cars, with the house able to accommodate for no less than 12 car spaces.
The interior of the home is tastefully designed in a minimalist way, with expansive white kitchen benches and spotless white couches.
The multi-level floors also means there are multiple living and dining room spaces, making it an ideal home for entertaining family and friends.
The bedrooms themselves are virtually wall-less, with several floor-to-ceiling windows that ensure every resident can fall asleep and wake up to the sea.
Those looking to get away can relax in the downstairs games room, which has gym equipment, a billiards table, a foosball table and a couch.
Expressions of interest for the home are due by Thursday 22 July.
The house is being listed on the market at the same time that house prices around Australia continue to rise at breakneck speed.
Sydney house prices in particular rose by 3 per cent in May alone. Compared to a year ago, prices are up by more than 11 per cent.
Read more: Handpicked: Top 3 Sydney property hotspots
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