An investor appreciated the renovation of 193 Kilgour St, Geelong.
A CENTRAL location close to Geelong’s medical precinct has pushed up the sale price of a renovated Edwardian house.
Hot competition from two buyers meant several others in the crowd didn’t get a chance to put their hands up for 193 Kilgour St, Geelong on Saturday.
A Melbourne investor secured the property with a top bid of $907,000, Whitford, Newtown agent Heidi Trempel said.
The kitchen has a freestanding movable bench.
MORE REAL ESTATE NEWS:Renovated Belmont house beats price hopes by $80K
What you can get for the median house price in Geelong suburbs
City service firms targeted for Geelong Quarter development
“For them it was about trying to find a nice property that they didn’t have to do anything to,” Ms Trempel said.
“The area was also important because the medical buildings are so close.”
The view from the back deck.
She said the buyers could see the value in securing a quality rental property that appealed to medical workers with contracts in Geelong.
The four-bedroom house blends period character with modern features including an open-plan extension at the rear.
A large outdoor entertainment area makes the most of the property’s leafy, north-facing back garden.
The house is located on the East Geelong fringe, between the CBD, Garden St shops and South Geelong train station.