The mere mention of McLauchlan Street, Northcote, catches the attention of every Northsider. Nestled in a coveted tree-lined Northside locale, this street holds allure for many aspiring homeowners.
For those eager to embark on a renovation journey, this property holds tremendous appeal. In its current condition and layout, it may seem restrictive and less than ideal for many buyers. However, envisioning it as a project to restore its original charm and period features while adding a modern extension at the rear promises substantial returns upon resale. One drawback is the lack of off-street parking on the site, but in this particular Northcote enclave, street parking is the norm for most residents.
Construction costs are high, and securing trades can be challenging. Yet, for those with the time, patience, and budget to undertake this endeavour, investing in this home holds significant promise. It's crucial, however, not to succumb to overexcitement and purchase at any cost.
- Sought-after location
- Opportunity to add value
- Proximity to all amenities
- No off-street parking
- Time and cost to build
Buyers Agent
