Villa has mediterranean exclusivity

PUBLISHED : Wednesday, 23 March, 1994, 12:00am
UPDATED : Wednesday, 23 March, 1994, 12:00am

SITUATED on a knoll on the eastern side of South Bay Road, commanding a panoramic view over Repulse Bay and South Bay stands Stella Maris.

Its quiet, secluded location among plenty of greenery in the prestigious neighbourhood of Island South all adds to its appeal. The four-storey detached house was completed in 1980, and is one of four detached properties on the same lot, all built by a local family.

The exclusive residence is accessed by a two-lane private drive from South Bay Road and has five car parking spaces, making it an ideal family home. Just a 15-to-20-minute ride into Central by car, Stella Maris is in a prime location.

Sole agent C. Y. Leung and Co has described the property as a rare example of a free-standing Mediterranean-style villa set in its own grounds. Properties such as this only occasionally came on to the market.

Buyers interested in the property as their future home will have to wait until 1995 before moving in.

It is under a tenancy agreement with a multinational company which is due to expire in mid-January next year with a tenant's option for a further six months.

For this reason, the building was an investment property to be sold subject to existing tenancies.

The monthly rent is $96,500, excluding rates and management fees.

The asking price is $46 million.

At the front of the house is a lush 2,000-square-foot garden - the main entrance and garage is at the back. Inside the property, the hallway opens out into a large living area with a two-storey-high ceiling, which makes the room light and airy.

Overlooking it is the upper ground floor dining area, which has direct access to the roof deck. Next to it is a fitted kitchen with eating area, and separate laundry room.

The master bedroom, with fitted wardrobes and an en suite, two smaller bedrooms (one with an attached dressing room) and a shared bathroom, are on the first floor.

Other features include a guest's toilet, study room, additional living areas and a second roof deck. The servants' quarters is on the second floor and has its own bathroom.

Also on this floor is another bedroom and bathroom. For additional cupboard space, the roof study can be adapted for use as a storage area. The building comes with central air-conditioning.

For leisure activities, residents can make use of the oval-shaped outdoor swimming pool, which is six metres long and 3.5 metres wide, or relax in the ground floor sauna.

The Repulse Bay Park 'N Shop is less than five minutes' drive away.

FACT FILE LOCATION: Stella Maris, 19A South Bay Road, Island South, Hong Kong.

FEATURES: Secluded site with spectacular views of Repulse Bay and South Bay. Property includes four bedrooms and three bathrooms, indoor sauna, private swimming pool and large garden.

PRICE: $46 million on 75-year lease from May 1976 (renewable).

SIZE: Four-storey detached house on 3,937 sq ft site, with a floor area of 4,186 sq ft, including roof.

AGENT: C. Y. Leung and Co, Central. Telephone 530-2072.