37 Mary Street HAWTHORN

Comments on 37 Mary Street HAWTHORN

37 Mary Street Hawthorn
 
The Provenance of this home is difficult to fault and rare to find, hence our rating score – one of the highest ever.
 
Positional Provenance: Grace Park – Melbourne’s premier Top End heritage precinct bar none – higher in value than Gascoigne and rivaling Toorak in period homes, although Toorak lacks the consistent Grace Park heritage.
 
Any alterations to homes in this area face numerous controls from knowledgeable neighbors to determined council officers and council regulations.
 
All of this is customary for those who appreciate this precinct, as it has been this way for 140 years, with 37 Mary being one of the first and likely to remain so indefinitely.
 
In addition to its historical significance, people of means seek Grace Park for its proximity to all amenities.
 
Property Provenance: 37 Mary was reportedly designed by two high-quality late 19th-century architects, and the facade, block location, room sizes, and aspects are a testament to their expertise. The rear and renovations also speak volumes - a Heritage architect who adeptly preserved the original design while reimagining the floorplan for modern living.
 
Light, flow, and spaciousness abound, making it not only one of the area's finest heritage homes but one of Melbourne’s best, supported by over 2000 sqm of land, creating a sanctuary from urban life.
 
Price Provenance: Period homes tend to move at a slower pace in the market compared to new builds in Toorak or even precincts such as Kew’s Sackville Ward. However, they still appreciate – especially if the property is move-in ready, rare, and of exceptional provenance – which 37 is.
 
There is little doubt that the price of this home will be tested in a knowledgeable market and will garner strong interest – the eventual buyer likely to have fought hard and perhaps exceeded what they initially deemed reasonable. Nevertheless, this battle will affirm today's new value zenith and secure thoughts on future resale potential.
 
37 Mary is a rare classic, there is no doubt.