Real Estate

retirement plan includes buying queenscliff house in central spot

Written by The ReReport

116 Hesse St, Queenscliff is on a prominent corner block.

ONE of Queenscliff’s most commanding positions is in for an update after selling.
The four-bedroom house on a corner block at 116 Hesse St sold for $875,000 to a Melbourne family.
Fletchers, Queenscliff agent Charles Caldwell said the buyers were going to do a bit of a renovation to the house.
“They will use it as a holiday house and then retire down here in a few years,” Mr Caldwell said.

116 Hesse St, Queenscliff - For Geelong AddyThe new owners will renovate the house.

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The two-storey brick house is across the road from the bowling club, a short walk to all of Queenscliff’s historic buildings and has excellent views to the south and east.
Inside the kitchen and meals area, loungeroom, two bedrooms and bathroom are on the ground floor while upstairs are two more bedrooms.

116 Hesse St, Queenscliff - For Geelong AddyThe buyers are from Melbourne.

116 Hesse St, Queenscliff - For Geelong AddyThe buyers will steer the house in the right direction.

There is also a two-room bungalow, carport and garage on the block.
Mr Caldwell said the majority of buyers he was dealing with at the moment were looking with retirement front of mind.

“It is the demographic scaling back from work with a view in five to 10 years to move down here on a permanent basis,” he said.
The median house price in Queenscliff has increased 6.8 per cent in the past year to $805,000, according to CoreLogic.

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