Habourside Victorian residence on the market

An apartment set in a converted Victorian regency-style mansion on Sydney Harbour, which once sold for £22,000, is on the market.

The heritage listed residence, named ‘Studley Royal’, was built in 1880 for Paul Talbot, a prominent wool broker at Circular Quay. The property was converted into eight apartments in 1918.

A newspaper clipping from August 1929 reports that flats at ‘Studley Royal’ sold for £22,000. Price expectations for the current sale are above $1.2m.

“This is one of the few Victorian mansions that remain on the harbour and offers a rare opportunity to not only secure coveted harbourside real estate, but also a slice of Sydney’s history,” Says James Kuziow, selling agent at Ray White Lower North Shore.

The two bedroom apartment is owned by Todd Pironis and Catherine Bee.

“With our expanding family – a toddler and newborn – we’ve decided it’s time to buy a bigger family home. We’ve loved our time here and we leave reluctantly,” says Mr Pironis.

“One of the things we’ll really miss is eating breakfast in the garden, overlooking the harbour, on a sunny day.

“We love our neighbours – the majority of the building is owner-occupied and residents really look after the building and each other.

“The home is private and quiet – with the exception of the occasional firework!” says Mr Pironis.

Renovated 16 months ago, the two bedroom apartment features a new kitchen, plantation shutters on all windows and original hardwood floors in the living, dining, hallway and kitchen.

“When we renovated the property we discovered military maps of the local area in the wall cavity, which are now framed and hang in the dining room,” says Mr Pironis.

The residence at 3/59 Kirribilli Avenue, Kirribilli goes to auction on 14 April 2014 if not sold prior.