House and Home Design - Realestate Passion
A BOX Hill period beauty has sold at auction for $2 million, with investors rather than developers vying for the home.
The 1947-built home at 18 Kangerong Rd was thought to be the perfect prize for developers, due to its 920sq m block and lack of heritage protection.
But the colourful three-bedroom charmer, listed for $2 million-$2.2 million, instead appealed to two investors who “fought it out” for the home.
Woodards Blackburn agent Christine Bafas the Victorian replica home was a great “overall package”, offering period history, location, style and convenience.
“The reserve was a bit mobile on the day and it did sell at the bottom end of the price range,” she said.
“But the sale price was around about where our expectations were and competition for the home was good.
“We had about 40 groups through open inspections.”
The well-maintained house features 3.65m high ceilings, Baltic pine floors, double-hung windows, intricate cornicing, french doors and open fireplaces as well as a wraparound veranda.
Ms Bafas said the local investor who snapped up the deceased estate hadn’t told her their intentions for the property.
SUBURB PROFILE: BOX HILL