One of Australia's few genuine castles sells for over $5 million
One of Sydney’s rare legitimate castles has been sold, with industry sources claiming its new owners paid between $5.25 million and $5.75 million ($NZD 5.51-6.04 million).
Agent Ben Cohen, of Sydney Sotheby’s International Realty, confirmed that Killarney Castle was sold to a young couple last week, though he would not confirm the final selling price.
The unusual home was inspired by the historic homes in Ireland and built by Irish-born auctioneer Thomas Edward Taylor between 1905 and 1918.
Made of hand-hewn sandstone that was quarried on-site, the castle comes with battlements and a widow's walk/turret tower, as well as leadlight windows, high ceilings, and an ornate staircase.
Despite its traditional appearance, the interiors of the five-bedroom home have been renovated to include modern finishes, such as a new kitchen with timber joinery, a solar swimming pool, air conditioning and heating.
The home also boasts a multi-purpose studio, gym, wine cellar, double garage, games room, potential au pair accommodation, and sandstone balconies overlooking the established gardens.
Mr Cohen said he and his colleague, Mark Goldman, had received an “enormous amount of interest” and issued seven contracts to potential buyers.
“What a phenomenal property - I must say it was a lot of fun selling this property,” Mr Cohen said.
He said buyers had also been surprised by the property during inspections, as “you realise it is a very functional family home”.
Images: Sydney Sotheby’s International Realty