87-89 Darley RD, Randwick had a price guide of $ 20 million 18 months ago. Now there is a $ 14 million guide for an auction of October 23.
The Grand Randwick house of retired Publican Robart Richards and his wife Mary Lou have returned to the market with a considerably more attractive price guide than 18 months ago.
But the house with seven bedrooms with a view of Centennial Park at 87-89 Darley RD is still expected to break the suburb of $ 14.35 million, which takes place in 2023.
Last year Kate Smith and director Elliott Placks from Ray White Double Bay had a $ 20 million guide for the incredible house on a block of 1,349 m², known as “The Darling of Darley RD”.
It did not find a buyer at the time, but the couple is convinced that it will be with his new $ 14 million guide for a October 23 October auction.
“It will probably break the Randwick, front of Randwick,” said Smith.
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There is a barbecue area and studio/pool house overlooking the heated swimming pool.
The sellers have made a number of modern updates in accordance with the Victorian grandeur of the house.
The house is on a block of 1,349 m².
The building was officially known as “Swan Isle”, built for a army colonel in 1906 who left his soldiers from the front Paradeen as he took the greeting on the balcony, in full military dress of red and golden braid.
But in the last 24 years it has been the home of the Richards family who bought it for $ 2.02 million in 2000.
The first owner, Colonel William Farrell, lived in the large house with the Castellated Towers with his wife, Francis, and their five children, Charles, William, Fanny, Charlotte and Louise.
It was used by St Judes Anglican Church, Randwick, for monthly services while the family continued to live there and after the death of their parents the daughters remained until 1945.
The huge house was empty until 1954 when it was converted into a private hotel and returned to a private home in 1960.
87-89 Darley RD, Randwick. NSW real estate.
87-89 Darley RD, Randwick. NSW real estate.
87-89 Darley RD, Randwick. NSW real estate.
It is appropriate that the current owners have a long association with hotels, where Robert Richards is the publican in the beach, in Darlinghurst in 1992 and the Rocksia in Rockdale between 2012 and 2020.
They have made a series of modern updates in accordance with the Victorian grandeur of the house – the original formal and informal living spaces have high graceful ceilings, massive wooden floors and leadlight windows.
The modern kitchen has a stone island bench, premium illve gas heater, Miele dishwasher and butlers pantry.
Outside there is a barbecue area and studio/pool house overlooking the heated swimming pool.
And the new residents have a choice of four bathrooms, two with tubs, showers and double vanities.
It would also be a great place to work from home, with studies at both levels, plus a private suite for guests.
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