Victorian attraction meets trendy potential—this South Yarra dwelling, offered for $1.205m, presents its new house owners a uncommon probability to revive a freestanding basic in one in every of Melbourne’s most sought-after areas.
A South Yarra dwelling has offered for $1.205m below the hammer, with two decided bidders going head-to-head to safe a freestanding Victorian type dwelling within the suburb’s tightly held golden triangle.
The 2-bedroom, one-bathroom dwelling at 6 Tyrone St had a $1m opening bid, drawing sturdy curiosity earlier than the worth pushed previous the house’s $1.1m-$1.2m worth information.
Whitefox Traditional’s Michael Torcasio stated the house’s prime place, twin road entry, and renovation potential made it a standout.
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“This one had all the suitable components,” Mr Torcasio stated.
“Freestanding properties on this pocket are onerous to return by, and patrons recognised the chance.”
Mr Torcasio stated bidding got here down to simply two events, with competitors intensifying as the worth edged upwards over 16 bids.
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A centrepiece of historical past — the house’s unique fire sits on a stable concrete basis, one in every of many heritage particulars the brand new house owners plan to protect whereas modernising the area.
Uncommon twin road entry and a storage on the rear make this South Yarra property much more helpful in a tightly held inner-city pocket.
“It wasn’t the frenzy we anticipated, however the ultimate battle was tense,” he stated.
The house’s heritage character and 172sq m block reverse the historic Braille Library Corridor attracted patrons on the lookout for a basic Victorian period dwelling with scope to revive or rebuild.
The profitable patrons, CK Mak and Yvonne Ho, had lengthy needed to purchase in South Yarra however beforehand discovered it out of attain.
From fixer-upper to dream dwelling — the patrons plan to revive the Victorian facade whereas reworking the interiors into a trendy three-bedroom, two-bathroom residence with a grasp retreat upstairs.
Dated however stuffed with potential — the present kitchen is practical however will quickly make method for a modern, modern redesign tailor-made to trendy dwelling.
Now downsizing from a bigger dwelling in Hawthorn East, they have been decided to win.
“We simply checked out one another — we knew this was it,” Mr Mak stated.
Mr Mak stated whereas the house is wealthy in Victorian attraction, the house wants important renovation, with cracked partitions, uneven flooring, and outdated interiors.
“It’s bought lovely bones however wants work,” he stated.
A contemporary begin — the brand new house owners envision a reconfigured structure, with a brand-new kitchen flowing into an open-plan dwelling area, good for entertaining
“We’ll maintain the facade, restore the entrance rooms, and modernise the remainder.”
Plans embody a brand new kitchen, extra lavatory, and a main bedroom upstairs, all whereas retaining key heritage options like fireplaces and ornamental ceilings.
Mr Torcasio stated location performed a significant function within the consequence.
Prepared for an improve — the house’s single lavatory, that includes gold-trimmed bathe screens, shall be utterly redesigned as a part of the renovation.
A dream come full circle — the patrons, who as soon as noticed South Yarra as out of attain, have returned to the suburb they’ve at all times liked, able to create their ceaselessly dwelling.
“South Yarra is the last word way of life suburb,” he stated.
“With Chapel Road, Prahran Market, and Fawkner Park all inside strolling distance, patrons know properties like this don’t come up typically.”
For Mr Mak and Ms Ho, it was greater than only a buy — it was the fulfilment of a long-held dream to return to a neighbourhood they’d at all times liked.
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