Defying all the gloom surrounding the property market at the moment, a Lugarno home was sold this week for $3 million.
The brand new home in Woodlands Avenue was built by CBS Developments.
"Inspired by my background from Morocco and artisan rich history, coupled with my partner's interior design and gemmology expertise, the residence is a matrix of grandiose splendour,'' said Rashid Benzerouk from CBS Developments.
''Architecturally it's influenced by Andalusia and old French quarters to semi-arid landscapes.
"Our intention was to build a modern day resort for a busy family, who thrive in their own entertainers' dreamy existence called home."
The full brick home was constructed across a 500sqm three-level floorplan and has six bedroom and five bathrooms.
The living areas and balconies enjoy unobstructed water views or serene parkland views.
There is a detached guests' retreat/leisure cabana by the inground pool.
The property was sold by Ausrealty Riverwood.
"It features luxurious finishes to an impeccable standard, six bedrooms, four car garage, gym, theatre/cinema room and granny flat," sales associate Imam Sayed said.
"This is one of the highest sales in the suburb's history and one of the suburbs most premium properties".
