Real Estate

Essendon footy boss misses mark at auction as Kensington home passes in

Written by The ReReport
As seen in the Source link, written by on 2018-12-15 18:56:44

Essendon Football Club chief executive Xavier Campbell could be forced to wait until the 2019 property season to boot his Kensington terrace, after no response at auction.

The modern abode at 79 Gower St was unable to reach the top Don’s price goals after the property passed in after a vendor bid of $1.5 million.

But it came close to a disposal yesterday, as lengthy negotiations with an interstate family continued into the evening.

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Lou Rendina from Rendina Real Estate said he had tried to arrange a sale with the same party the day before auction.

“We’ve been working with a young couple who are moving to Melbourne, and they are definitely in the box seat,” Mr Rendina said.

The renovated family home had been listed with a pre-auction price guide of $1.6-$1.67 million.

Campbell said Merrim was “quite poky and quite dark” when he and his wife Clare Hawkins snapped it up almost five years ago.

“We wanted to create something unique. A different, more contemporary space,” Campbell said.

The couple achieved that with an extension designed by Ewert Leaf architect Will Leaf.

The footy boss said the new open-plan living, dining and kitchen area, that featured a curved plywood ceiling, was his favourite place, as it “gets beautiful light”.

He and his wife Clare were reluctantly selling the house to upsize, now their two children were growing up, he added.

“Our eldest is starting school next year,” he said.

“We’d prefer to stay in Kensington … but there are limited larger blocks.”

Mr Rendina said the home’s architectural extension was “rare for Kensington”.

“It’s got that old-world charming Victorian facade, the front rooms have been kept original and at the rear of the property, there’s a modern twist,” he said.

“And it’s right in the heart of Kensington. You can’t get more central.”

CoreLogic records show it last changed hands for $920,000.


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