“Biggest man cave” property has massive gain with $2.385 million sale
Narre Warren listing numbers rise as sellers seek to capitalise on strong market
Owners who added a stunning man cave to a Narre Warren North home have reaped a seven-figure windfall.
Their 3 Holly Green Court property fetched $2.385 million, giving them a huge price gain after purchasing it for $1.2 million just three years ago.
They had also rejected a $1.96 million pre-auction offer and were rewarded when three bidders turned up for the April 9 auction, according to Barry Plant Narre Warren managing director Nicola Parreira.
“They made the right choice to go to auction as the property was popular with buyers,” she added.
“The extra shed was unique and the man cave was the biggest I have seen.”
The owners had added the man cave and also renovated the property for sale.
“It was a project for them and the man cave was a hit online with 8269 views on realestate.com.au,” Ms Parreira said.
The lifestyle property in the city’s southeast features four bedrooms with a study, three living areas, two bathrooms and a spacious covered outdoor entertainment area and a swimming pool.
It also attracted plenty of buyers at inspections and bidding at the auction “went quick and high”, Ms Parreira said.
The sellers had a reserve of $1.9 million with the bidders comprising local buyers.
“The man cave was a huge factor in the sale,” she noted.
The massive shed with a bar was set up as the ultimate man cave and ideal for motor enthusiasts and car collectors to show off and store their machines.
The 2079sq m property in a coveted position also offers deluxe family living with a stunning kitchen plus rumpus and cinema rooms.
The agency also sold 26 Pentland Drive, Narre Warren the same day for $665,000, which was $25,000 above the seller’s reserve.
The three-bedroom house on 651sq m was a mortgagee property and sold to first-home buyers moving into the area.
Ms Parreira said the region was seeing an influx of sellers keen to sell though the number of buyers has decreased compared with 2021.
“The listing numbers have risen as owners want to sell before changes in interest rates come in but our inspection numbers are still good and we are still getting strong results,” she added.