First buyer understands former Presbytery on VijfwegVeiling-Realestate.com.au

A quintet of buyers’ hunger to take a bite from changing a 120-year-old former parsonage into a beautiful new house has earned a competitive price as a local Catholic church.

The residence around the circa-1606 In addition to four new subdivided empty blocks, the still operational St John the Baptist Church in Winchelsea were carved.

Five bidders raised a hand for the 1237 m² real estate at 3 Mercer ST, because the house was offered with a spare price of $ 440,000.

It sold at the Marathon auction for $ 515,000.

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Builders fight for at home in the street where the top is $ 3 million

The former parsonage was sold for the first time in 120 years.

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Hayeswinckle Highton agent Michelle Winckle said that the rare Federation style house had never been on the market before.

“It was full of character. It needed a lot of work, yes, because it was the house of a church, so it had to be changed in more a house and it had been quite abandoned in recent years,” Winckle said.

“But the potential to renovate and restore a beautiful house was the most important thing the buyers fell in love with.

“And with the reserve of $ 440,000, all the buyers of the first house in the area could see that they could pick up a beautiful character at home on a block of 1200 m² near the river.”

Mrs. Winckle said that the guide from $ 400,000 to $ 440,000 represented the land value of the building, but it was a beautiful house to upgrade.

Various rooms have corner fireplaces.

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The house is described as livable, but needs work.

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The Weatherboard house retains original period functions such as 3.7 m ceilings, high skirting boards and elegant wooden coats.

A series of flexible rooms, including one with a bay window and a base kitchen and meals, are from a wide central corridor.

There is also room to expand the approval of the municipality, or to add an entertainment space outdoors or garaging, using the back access of the building.

The property was almost knocked down to a bidder for $ 485,000 before another came forward, which added $ 30,000 to the final selling price.

The is strung in original character details.

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The building has back access and an existing carport.

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Mrs. Winckle said that Surf Coast Hinterland from Winchelsea had created a hotspot with lifestyle.

“People who cannot pay the coastal areas, they can come to Winchelsea for 20 minutes, which is half an hour to have Geelong, Colac, Lorne, Torquay, Anglesea, Airey’s inlet.

“It is half an hour for everything – it is so central – Winchelsea has received so much potential because it is there.

“It is easy to access Geelong on the ring road and it is quick access to Melbourne and you get a much larger block.

“You still have the river, you have a city that grows, so people see more potential for growth than an area where Torquay is already very commercialized.”