69 Dennis Street, Northcote, VIC

If you attended the initial open house, the impressive turnout of over 80+ potential buyers likely caught your attention, signaling significant interest in this property. This level of demand is noteworthy in the current market, making it evident that this home holds appeal.

Situated in the sought-after Northcote housing market, this property, spanning 277m2, offers a generous size for the area, providing good accommodation options. One of its standout features is its potential for expansion, thanks to its north-facing orientation. The advantage of a north rear orientation allows for the addition of a second level without compromising the natural light, presenting a unique opportunity to enhance the property further.

Considering the existing structure, being built on the boundary enables the homeowners to maximize the footprint on the block, adding to the appeal of the property. However, it's crucial to acknowledge that any renovations won't come without a cost. In today's market, construction and renovation expenses, along with the challenge of securing reliable tradespeople, are factors to consider. To alleviate the financial burden, you may contemplate breaking down the renovation into stages, making the project more manageable and less overwhelming upfront.

The location of the property offers the convenience of being within walking distance to various amenities, potentially minimizing the significance of off-street parking. However, it's essential to take into account the proximity to the street and traffic flow, especially given its position across from Northcote Shopping Plaza and All Nations Park. Despite potential considerations, these aspects contribute to the unique allure of the property.

For those motivated to undertake a renovation project, this home presents a compelling opportunity. It's important to be aware that acquiring this property may involve a competitive auction, as evidenced by the first open home. Thorough research and preparation are advised to navigate the competitive landscape successfully.