$4 million beach shack on sale for first time in 100 years
A one-bedroom beach shack near Jervis Bay, NSW, has hit the market for the first time in almost a century - but prospective owners may need to front up with $4 million to get their hands on it.
Less than a three-hour drive from Sydney, the humble beachside property - complete with an outdoor shower - has been owned by the same family since it was built in the 1930s.
“It’s been in the Macken and Mark Foy family since the 1930s,” selling agent Carrie Bond of Bond Lifestyle Properties said.
“It was actually four blocks of land originally in the family.
“It’s now onto its fifth generation.”
Mark Foy, the businessman who first built the home, was well-known for establishing Mark Foy’s Emporium in Sydney, now the Downing Centre, as well as the Hydro Majestic Hotel in the Blue Mountains.
According to property records, the home is now held by the Frasers, who are part of the same family.
The home, featuring a sea-green exterior that blends into its surroundings, is set against the bushy backdrop of Beecroft Peninsula, which forms the northern headland of Jervis Bay.
Though the home may be small by most standards, it stands out for its proximity to the Jervis Bay Marine Park, with a crystal clear rock pool within a stone’s throw of the front yard, as well as its location next to Abraham’s Bosom Beach, Currarong’s main protected beach.
“You virtually have your own marine park at your doorstep. There are fairy penguins, stingrays, seals, turtles, dolphins, and you can even watch the whales migrate,” Ms Bond said.
“It’s one of the few beachfront properties where you can watch the sunset from the water because of its aspect.”
Inside, the cottage is in virtually original condition and features family history throughout in the form of paintings and photos.
The 695.6-square-metre property comes with a price guide of $4 million, but the high price hasn’t stopped the 200 inquiries Ms Bond has received from Sydneysiders and locals alike.
“It is very difficult to place a definitive price on any property on the South Coast because we don’t know where it’s going to go,” she said.
“The inquiry has been incredible, and it is from everywhere.
“A lot of people love that it’s not over commercialised like some of the other areas of Jervis Bay.”
With the first open home attracting 30 groups of buyers, including some from Sydney, the property is sure to find a new owner when it heads to auction on February 26.
“It’s waiting for its next custodian, hopefully it’ll be another generational thing,” Ms Bond said.
Images: Domain