You will understand why this property has only changed hands a few times over the last 100 years when you come to appreciate that it offers the very best of both worlds.
The tranquility of country style living of an expansive private Botanic garden setting away from the Tourist hub-bub yet with the convenience of being just a short stroll to the beach and Jetty Road Brighton cosmopolitan cafe scene.
At one time the temporary residence of Antarctic explorer Douglas Mawson the home has been beautifully extended and renovated over time to retain the magnificent ornate press metal ceilings, open fireplaces and stunning leadlight. The accommodation offers both formal and informal family living around a fantastic central kitchen and extensive out door entertaining areas accessed by French doors leading to expansive verandahs. Four car garaging via Alfreda Street..
Put up the marquee and bring on the Debutantes Ball
The property is Zoned City Holdfast Bay R Policy 7 which may allow for subdivision into two 645 sqm Torrens Title allotments with dual 12.8 metre street frontage to King Street and Alfreda Street. (subject to Holdfast Council Planning approval) One option may be to retain the house and subdivide off approx 520 sqm with 12.m frontage to King Street and 9.8 m rear access to Alfreda on the eastern side. We would argue that the retail land value in Brighton west of the train line would be $1000 per sqm based on recent land sales in the area. So how much would you be prepared to pay for the quality family accommodation and enviable lifestyle this rare offering has to offer?
Shudder to think that this superb character residence would follow the trend of high density beachside development. But what comfort will an astute buyer take , safe in the knowledge , that this may well be the smart option for their long term family superannuation plan (subject to City of Holdfast Bay Planning approval).