Chat with us, powered by LiveChat

Lifestyle lures buyers to $1m+ home in Belmont

Real estate & property news
20 April 2023
Save Article

The lifestyle lure in key Geelong suburbs continues to draw buyers to property such as this $1m+ art deco home in central Belmont.

A renovated Art Deco residence in the heart of Belmont has attracted another couple looking to leave Melbourne

The buyers were the strongest bidder for the three-bedroom residence at 82 Mount Pleasant Rd, which passed in for $1.12m at Saturday’s auction.

They negotiated a $1.16m sale price immediately after the auction, which was midway through the $1.1m to $1.2m price guide for the 753sq m corner property.

Barry Plant, Highton auctioneer Matthew Constantine the buyers had appreciated the efforts of the owners in presenting the property.

“It’s absolutely presented to perfection from the front gate to back,” he said. “The meticulous attention to detail in the landscaping and the presentation of the home itself.”

Mr Constantine said the flexible floorplan offered three good-sized bedrooms, two genuinely good sized living areas and the orientation of the north-facing outdoor area, which was landscaped with a pool and a proper sized garage.

There are three living areas and three bedrooms in the house that’s laced with period details, such as art deco ceiling roses.

The formal lounge and dining rooms have open fireplaces, while a timber kitchen sits in the heart of the home.

There’s an updated bathroom, central heating and a sheltered deck leading to a swimming pool in the yard.

“Move in, nothing to do, there’s a luxury to that,” he said.

“But attached to that luxury is the lifestyle that it provides. It’s a hop, skip and a jump to the High St shops and cafes and a hop, skip and a jump down to the river.

Mr Constantine opened the auction with a $900,000 vendor bid, with two bidders taking the price to $1.12m before it was passed in.

“They were very much attracted to the lifestyle,” Mr Constantine said.

“They were initially looking north of the river but what attracted them to Mt Pleasant Rd was both walking distance to the shops and the river and the fact it was so well landscaped, the house had been tasteful renovated and good garaging.

“It was very much a lifestyle choice for them making the purchase.”


Real estate & property news
20 April 2023
Save Article

Get more from Barry Plant.
Sign up for our newsletter

Sign up now to stay informed about market trends, investment opportunities, and exclusive property listings. Don't miss out on valuable insights - join our community today!