Geelong suburbs break value barrier with high-end gross sales

The Lachlan Shephard Architects designed home at 16 Leonard Avenue, Belmont, has been reported bought for $2.1m.

Leonard Avenue, Belmont is probably the most unremarkable place to search out the suburb’s first $2m home.

Lined with Nineteen Fifties period weatherboard and brick veneer houses, some in recent times changed with brick veneer townhouses, the two-storey residence at quantity 16 actually stands out from the group.

Designed by Torquay agency Lachlan Shephard Architects, the four-bedroom, four-bathroom home is ready behind a timber fence, however its distinctive building is a giveaway.

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The home is designed round an outside space with an in-ground swimming pool and counts as options hydronic heating, a rumpus room, examine, workshop and rooftop photo voltaic panels.

The house bought off-market in February for $2.1m, holding the suburb report.

Promoting agent David Villarosa mentioned the sellers and consumers had but to settle.

The home changed a Nineteen Fifties weatherboard residence that was razed to clear the 1011sq m property that final bought in 2015 for $480,000.

The Nineteen Fifties period home at 16 Leonard Avenue, Belmont, bought for $480,000 in 2016 earlier than it was demolished.

Mr Villarosa mentioned it was a outstanding house and the client had additionally purchased key furnishings with the house on high of the value.

“It’s actually trendy nevertheless it’s actually earthy,” he mentioned.

“There’s a whole lot of {custom} timber joinery, even the sunshine fittings are custom-joined in the identical timber because the tables and cabinetry.”

The northwest suburb of Bell Submit Hill additionally reached a brand new landmark value with the suburb’s new $1m sale.

10 Dane Avenue, Bell Submit Hill, has bought for $1.1m

A four-bedroom home at 10 Dane Avenue has bayside views and bought for $1.1m in a fast marketing campaign.

Promoting agent Jasmina Setalo, from Brooklyn company Amazon, mentioned the home discovered a purchaser after a number of days available on the market.

She mentioned the consumers have been relocating to Geelong.

10 Dane Avenue, Bell Submit Hill, has bought for $1.1m

The home is in an property developed beneath Kardinia Worldwide School about 15 years in the past.

The elevated property permits 180-degree views throughout Geelong and Corio Bay from the second storey balcony.

The attention-catching residence options areas residing zones on each ranges and has a designer kitchen and an enormous outside leisure space.

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