Scotland Island listing may have found buyer after 1,715 days on market
Don't think that everything is selling quickly and at huge price premiums across Sydney.
A Scotland Island waterfront property, first listed in May 2009 at $1.3 million, may have just found its next owner after 1,715 days on the market.
Melanie Marshall of PMC Hill Real Estate told Property Observer yesterday she was putting an offer to the owner for his consideration.
The Scotland Island waterfront's most recent price guidance was $900,000 plus.
It was also briefly available for rent at $600 a week, but the owner would prefer it sold.
After 1,715 days on the market, the property appeared in the recent SQM list on discounted long listings.
Source: SQM Research
The list is dominated by Queensland offerings with a relatively new one from Perth property discounted by a third of its original asking price, although only being on the market for a total of 63 days.
The Scotland Island offering last traded in 2006 at $1.1 million.
It is a two bedroom west facing waterfront home with views across to Elvina Bay.
The open plan dining, kitchen and lounge room leads out onto a wide verandah, which at high tide is right over the water.
The two bedrooms are located upstairs with the main having its own verandah overlooking Pittwater.
Timber floorboards are featured throughout plus there is a slow combustion fire for winter and ceiling fans for summer.
It comes with a deep water jetty and pontoon and sandy beach.
RP Data recently reported Sydney's typical private treaty house sale was taking just 50 days, a record since they started keeping records in 2008.
Source: RP Data
