Client Name:
James & Katherine
Client Occupation:
CEO & Business Owner
Client Location:
Singapore
The Brief:
Our clients are long time expats who have resided in Singapore for over 12 years. They have commissioned Milk Chocolate to find their home in Melbourne and property manage an apartment in Richmond, VIC that they have bought off the plan. We are currently looking for a property with great character that can be rented now and allows a major structural renovation prior to our clients returning to Australia.
Purchase Reason:
Principal Place of Residence
Property Address:
Albert Park, VIC
Purchase Price:
Undisclosed
Purchase Method:
Private Treaty
About The Property:
3 Bed / 1 Bath / 1 Car - 162m2
A character-filled Victorian terrace located on a corner block, with a very wide laneway. The location of this property is the star of the show. Set in one of those wide, tree-lined avenues that Melbourne is famous for, surrounded by elegant period homes, city skyline views from the street and from the verandah off the main bedroom upstairs and the beachfront just two blocks down the street, it really does not get much better.
Then there’s the potential. This gracious terrace home sits on a corner block, with a very wide laneway and down the side and a smaller laneway to the rear. At 162m2, it’s certainly not the biggest block in town, but it’s corner position on the edge of a very wide laneway, and the alleyway to the rear, means there will almost certainly be no overshadowing or privacy issues with the neighbouring or rear properties, and thus real potential to extend the home right out to the boundary.
The house itself is what you would expect from a vintage terrace. Despite the dated interiors, the house is solid and structurally, appears to be in fairly good nick for a house this age. Its numerous period features - fireplaces, decorative cornices, ceiling roses, chandeliers etc - are also in good shape and will scrub up well in a future reno.
• Less than 5km from Melbourne CBD, as the crow flies
• Located in one of Melbourne’s most desirable suburbs
• City skyline views from the street and off the second storey balcony
• A very short walk to the beach (less than 5-min)
• Sits on a corner block
• Numerous period features
Our Services:
• Detailed brief and confirmed requirements with a reverse brief to the client
• Commenced search and viewed properties on behalf of our client
• Presented recommended properties with the key information and cash flows
• Negotiated the purchase price on behalf of the client
• Liaised with the client's solicitor and mortgage broker on the transaction
• Undertook extensive building inspections
Will we renovate:
Yes, a major structural renovation will be undertaken prior to our clients returning to Australia
