Large land not fully capitalised
This charming Edwardian residence occupies an exceptional 809m² allotment in a tightly held Fairfield pocket, providing a combination of period character, substantial land and future potential that is increasingly difficult to secure. The established gardens and deep return verandah create an attractive first impression, while multiple living areas and four-bedroom accommodation provide good immediate family functionality. Proximity to Fairfield Village, Yarra River parklands, Fairfield Primary and the Northcote High School zone further strengthens its long-term owner-occupier appeal.
The main consideration is that the interior, particularly the kitchen and bathrooms, is relatively dated and doesn't fully capitalise on the quality or size of the landholding. Relevant nearby evidence includes 41 Rathmines Street at $1.90m on 730m² and the more substantial 31 Darling Street at $2.78m on 749m². Gillies Street sits logically between these results, with its 809m² allotment providing significant underlying value but its current level of improvement keeping it below the better renovated Fairfield family homes.
- Exceptional 809m² land holding
- Attractive Edwardian character
- Quiet Fairfield family location
- Internally somewhat dated
- Renovation expenditure likely
- Large land not fully capitalised
Buyers Agent
