Real Estate

Original 1930s Hawthorn house sells for the first time

Written by The ReReport
As seen in the Source link, written by on 2019-03-10 20:41:38

76 Illawarra Rd, Hawthorn has sold for the first time.

A Hawthorn house has sold for the first time in its 84-year history, earning a multimillion-dollar sum.

The 1934-built house at 76 Illawarra Rd, still in original untouched condition, had been owned by the one family for decades.

RELATED: Untouched Hawthorn home on the market for the first time

Retro Hawthorn pad scores top dollar in marathon auction

Big price boost for Boroondara homes in prized public school zones

The three-bedroom house sold for between $2.4-$2.5 million on March 5, Anton Zhouk Hawthorn director Anton Zhouk said.

It had originally gone to auction on March 2 and passed in at $2.225 million, just shy of its $2.3-$2.5 million price guide.

The three-bedroom house, in original condition, sold for more than $2.4 million.

Mr Zhouk said prospective buyers included a family considering the property as the site for a new home, but in the end a buyer purchased it as a long-term investment with no immediate plans.

He said the vendor, a son of the original owners who built the house, was “extremely” happy with the result.

A milkman’s door is one of the relics of the 1934-built house, which had been in the same family since construction.

The house on 725sq m has never been renovated, and still features original kitchen joinery plus a small green door where the milkman would leave a delivery at the back of the house.

The floorplan includes a toilet accessed via the back porch, formal living and dining rooms with timber detail and leadlight windows, and three bedrooms.

Mr Zhouk said prices in Hawthorn had come back from where they were at the peak of the market and were comparative to what was seen in late 2014 to early 2015.

But there was still good demand for properties in the prime pocket.

“That whole area around Scotch Hill has always done really well because of the schools and that’s not going to change,” he said.

MORE: Hollywood-style pad Toorak’s star attraction

Yarra Ranges palace poised to attract royal sum

Archibald Prize finalist’s mud brick cottage a rare piece