A BREATHTAKING Jan Juc property has smashed the suburb record by more than $1 million.
The buyers have signed a contract for the Surf Coast property at 2 Ocean Blvd and are waiting for conditions to be met.
Great Ocean Properties, Torquay agent Marty Maher said the deal was secured within the $5.25 million to $5.75 million asking range before the expressions of interest campaign was meant to close on January 31.
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The CoreLogic sales record in Jan Juc is $4.25 million for 8 Rip View Close last year while the record for the Surf Coast of $4.8 million for 57 George St, Lorne has also been smashed.
Mr Maher said this was a really great result for Jan Juc.
“It is a new record by over $1 million and it is a really significant sale in a landscape that is seeing some general headwind,” he said.
“The buyers already own property in the area so it is a trade up.”
Mr Maher said it was really common that record prices were paid by people that have a track record in the area already as they have the confidence to do it.
The 4901sq m property has a four-bedroom house, that looks like it was inspired by sails, surrounded by sweeping lawns, native gardens and a back gate that joins the Surf Coast Walk.
The house was built in the early 1990s and has terracotta tiles throughout, a bidet in the main bathroom and custom venetian blinds, creating a high-end home at the time.
Mr Maher said the property was “architecturally iconic with stunning ocean and breaking surf views”.
“When you are in the residence, all main rooms capture the stunning view and you cannot see another property,” he said.
“What is even more important is that you never will … it feels like you own all the land in front of you right down to the ocean.”