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BOUGHT* - $2,923,000
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A beautiful façade in a part of the street not overloaded with blocks of flats. Two street frontages is a plus for those looking to develop (STCA) and the agent states there is no heritage overlays. For those want to put a new home on the block the characteristics are not ideal being more square than rectangle. If you are looking to renovate and why not as it has a beautiful façade and solid first rooms then a smart architect will need to put their thinking caps on to give you back yard space and possibly underground car parking - that would see the home towards $5m. Can the street sustain that - we think yes if it's done well and there was precedent on a different type of property (30) only last year at the $5m price level.
Solid hawthorn brick double-fronted Victorian, which has solid bones and is ripe for renovation. As time goes on properties such as these get harder to find. Original section of house (i.e. the first six rooms and hallway) are of good proportion and feature many original fine details. While separation to the front and sides is good here, the backyard is shallow and this would be of primary concern for most buyers. To me, this looks to have very good 3 bedroom / 2 bathroom / open plan living and garage potential as a package (extending up may not work well) - then again one could possibly investigate the option of demolishing and building again (STCA).
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4
Bedroom
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2
Bathroom
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2
Parkings
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795sqm
Land Area
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| Floor Plan | Agent |
Sold - 12:00pm May 26 2012 |
Quote $2,600,000+ |
West Facing |
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You will be hearing from us soon!
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Crowd Numbers: 70 people
Bidderman: 4 bidders