Hyams Beach home sells for $1.585m after significant price drop | The Area News

A one-bedroom home in Hyams Beach, known for its pristine white sand, has been sold for $1.585 million. The property, located at 57 Cyrus Street, was previously listed for up to $2.65 million but saw a significant price reduction due to urgency in finding a new owner. The selling agent, Julie Gauci, noted that the buyer appreciated the renovation and the home's suitability as a weekender.

The property, which was originally intended for a complete overhaul, was designed and renovated by Victoria Lillrud, an interior designer and founder of Carteer Property Development and Interior Design. The renovation, which cost over $350,000, included custom joinery, marble detailing, skylights, and luxury materials. Despite its one-bedroom layout, the home features a loft suitable for children or additional guests.

The property has also proven popular as a short-term rental, earning between $1,000 and $1,300 per night during peak season, and less in off-peak periods. The heritage-listed home, which only covers the facade, is one of the last remaining examples of early settlement at Hyams Beach.