Real Estate

New chapter for one of Malmsbury’s oldest homes

Written by The ReReport
As seen in the Source link, written by on 2019-02-25 23:01:16

One of Malmsbury’s oldest homes on a block with subdivision potential has been snapped up by a local couple for $400,000.

The three-bedroom 1880s period house at 152 Mollison St in the town, about 95km northwest of Melbourne, sold under the hammer at the reserve price on February 23.

Raine & Horne’s Jennifer Pearce said the property was home to the same family for about 32 years.

“The sale was an emotional one for the owner, who is downsizing,” she said.

RELATED: Triple auction treat in Sunbury, Malmsbury

‘Quaint’ Malmsbury home and art studio sold

Live and earn potential at Malmsbury property with busted floorboards and rusty roof

The kitchen features a Falcon stove and brick open fireplace.

The rare offering generated interest from local and Melbourne buyers while it was on the market, and drew a large crowd on auction day.

“There hadn’t been anything quite like it for sale in the area for a long while,” Ms Pearce said.

The buyers, who were the sole bidders at the auction, were attracted to the size of the block, established garden and period character.

“They were interested in the property from the start and loved the garden and charm of the home,” Ms Pearce said.

The 3114sq m block on three titles with potential for subdivision was also a drawcard.

A bold colour scheme creates a vibrant living environment.

The buyers planned to renovate the weatherboard house, which had changed hands a number of times over the years.

“It has good bones and is filled with original period features,” Ms Pearce said.

The owners of about 32 years are local identities and keen collectors.

The classic Federation house displays beautiful bay windows, an ornate front veranda and roof finials.

The interior is warm and inviting with fireplaces, high ceilings with decorative cornices and a vibrant colour scheme.

A view of the lush garden is appreciated from a dining room.

There is an elegant formal lounge room with a Baltic timber ceiling and a cast-iron fireplace, a kitchen and meals area with a Falcon stove and brick fireplace, plus a study and sitting room with a slow-combustion heater.

The property is near Malmsbury village shops and transport.

MORE: Ballan home with zero power bills up for grabs

Mt Egerton’s Buckingham Palace snapped up for a right royal sum

What lies beneath Maldon church conversion?