HIGH profile Adelaide lawyer and former chairman of Adelaide United Greg Griffin is saying goodbye to his family home of more than 20 years.
The property at 23 Wootoona Tce is for sale through Price Partners Real Estate with an asking price of $4.18 million to $4.48 million.
If sold, the property will set a new residential sales record for the leafy eastern suburb by more than $1.38 million.
The current record holder is its neighbouring property, 22 Wootoona Tce, which sold for $2.8 million in 2014.
Mr Griffin said the property had been proudly owned by his family since 1981 and was previously occupied by his parents.
“We’ve been here for 20 years and it’s been a great family home. A great place to raise kids and with great schools around,” he said.
“All of our kids went to Seymour College, then to St Ignatius College which is in Norwood, so the location has been perfect for us.
“It’s also been a great entertainer. We’ve had lot of parties over the years and still do now.”
With his three kids now all grown up, Mr Griffin said it was time to downsize.
“There comes a time – my kids are 23, 21 and 18 now – for Sandra and I to find something that’s not as large,” he said.
“We enjoy the eastern suburbs, it’s a very nice place to live so I think we’ll stay here, although we also like Henley Beach.”
Set on a 3997sqm block, the two-storey home comprises four bedrooms, three bathrooms and several living spaces across both levels.
Outside is a full floodlit tennis court and in ground pool, with adjoining entertaining and guest rooms.
A four-car garage, large rain water tanks and lush landscaped gardens complete the picture.
Selling agent Peter Price said the properties sheer land size and subsequent development potential made it sought-after and rare offering to the market.
“It should set a new price record as the average cost per metre in St Georges is up to $1250/sqm. So we’re looking at it based on land value,” he said.
“So far interest has come from families looking at it for school districts and wanting space to move.
“But it would also suit a new development of one, two, or up to seven new dwellings, subject to approvals, of course.”