Referred to as the 'Gingerbread' homes, this distinctive architectural style is a rare find, with only a handful of such builds in existence. The front facade exudes character, and the potential for an expertly designed extension to the rear could transform this home into something truly extraordinary, making it not just a residence but a wise investment.
Currently, the floorplan may not align seamlessly with contemporary living standards. Navigating through the laundry to access the rear garden or having a bathroom directly off the dining area may not be the most convenient arrangement. While the home is indeed livable, one must consider the investment of both effort and resources required to bring its dated charm up to modern standards. It's worth noting that the property resides in a street with a Heritage Overlay, assuring that the cherished period aesthetics of the neighborhood will be preserved.
This investment promises future rewards, particularly considering the scarcity of this unique architectural style—a factor known to drive high sales results. The quoted price range appears reasonable, especially when compared to the $1.66 million sale of 18 Plow Street earlier this year. However, given the distinctive nature of this property, one can anticipate potential competition on the day of sale.
- Unique architectual build
- Opportunity to add value
- Location
- Floorplan not idea
- Additonal funds need to improve liveability