“SOLD BY STEPHAN SIEGFRIED”
This home sits on a massive 1012m2 bock with a 20mtr frontage. Built and owned by the same family for 50 years (and never previously offered for sale), the home is perched at the very top of the hill in what is arguably one of the areas most sought after streets.
Just a couple of hundred metres away is the waterfront and all the attractions of Scarborough Village, Morgans, Coffee Shops, Schools and transport are just around the corner.
What could you do with this property?
Rent it as is - Renovate - Rebuild - Remove - the choice is yours!
The original house is just about to have its 50th Anniversary and is a brilliant example of 1960's modernist architecture. For its day this house was not only impressive it was absolutely Avant-garde. It retains its lovely, high-end custom feel and is akin to stepping back into a groovier time. An architect or anyone interested in retro design could add amazing value to this property.
Being largely original the owners fully recognize that the home will require a bit of attention, but then it has been priced accordingly. The asking price represents LAND VALUE - simply, you get the home for FREE.
The home is BIG (look at the sizes on the floorplan) and features:
- 4 enormous bedrooms master with ensuite and walk-in robe
- Bedroom 2 has a walk-in robe as well, whilst bedroom 3 has a built-in
- 3 original bathrooms (all in good overall condition)
- Massive lounge room with beautiful district views
- Separate family and dining room, outdoor courtyard and BIG backyard with side-access
Alternatively, if you are looking to rebuild, this is one of the finest locations in the area. You only have to look in the immediate area at the regeneration going on to see that others also agree. Build carefully and the opportunity exists for taking in the nearby water aspect.
Developers or those requiring a smaller block can consider splitting the 1012m2 block into 2 lots, subject of course to Council Approval.
Do not wait. This is an extremely RARE opportunity to acquire a landmark property in a highly desirable area. I can't imagine it will last long!
Contact Stephan Siegfried to arrange your inspection TODAY!

Air Conditioning
Built-In Wardrobes, Close to Schools, Close to Shops, Garden, Secure Parking, Polished Timber Floor