A masterful renovation to a brick character home that had previously remained vacant in a blue chip Newtown pocket for many years has found new owners after a short campaign.
The three-bedrooms residence at 19a Laurel Bank Parade, Newtown, sold for $1.325m last week, after spending just over four weeks on the market.
The owners, who had acquired the property for $507,000 in 2014, have more than doubled its value of the home after selling.
RELATED: Family grabs renovator’s delight as three bidders chase bargain
$2m surge in homebuyer rebates as costs bite land developers
The Geelong suburbs where home values have dropped most
Old and new merge beautifully at this handsome California bungalow, such as a light-filled front lounge and interconnected dining room, with an open fireplace and a curved bay window with leadlight; and an updated central kitchen fitted with stone benchtops, a 900mm Smeg oven and cooktop and a dishwasher overlooking a meals area featuring a glass atrium-style roof and a second living room.
A renovated family bathroom has floor-to-ceiling tiles, including a hexagonal feature wall, a freestanding bath, while the main bedroom, in the heritage part of the house, has its own ensuite.
“Realistically, that property was probably going to go to two different types of buyers, either professional or a downsizer,” Whitford, Newtown selling agent Heidi Trempel said.
The downsizing buyer had already sold, so was ready to go when she came by the property.
“She just loved the street and absolutely loved the house,” Ms Trempel said.
“It has so much charm and character.
Ms Trempel said being brick was attractive as it was low maintenance.”
The owners had been there for 10 years and done a full renovation.
“When they bought it, it was quite original and hadn’t been lived in for a long time,” she said.
“They did a full renovation on it, which made it kind of perfect.”
The property sits in one of Newtown’s best tree-lined streets.