Dated Belmont home set for a renovation and extension

Impressed by the potential on offer at 20 Carr St, the local couple wasted no time bidding and buying the 788sq m property on Saturday.

They paid $727,000 for the two-bedroom residence that’s walking distance to High St.

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Barry Plant, Highton agent Matthew Constantine said the buyers first inspected the property in person on auction day, and that they’re keen to move in, renovate and extend.

“He said that he’d been looking online quite a fair bit, but today was the very first property he inspected since making the decision to sell,” Mr Constantine said.

“They are very excited, he said he knew what he wanted and he found it.”

Mr Constantine said the buyers were sold on three aspects of the property.

“The position in terms of walking distance to the key amenities, land size and while the property is quite dated it’s structurally very sound, and it was a good base for them to work on and renovate,” he said.

The residence was listed with price expectations of $650,000 to $710,000.

Mr Constantine said the reserve price was $680,000, and that investors and developers were also circling the property.

“I had four people there that intended to bid, two that were active,” he said.

“There was an investor from Brisbane that was represented there against the local couple.

“There was good interest there, proof positive that Belmont is tracking well.”

The home has a north-facing living room with wood log fireplace, adjoining dining room and kitchen with electric cooking and wall oven.

Outside, there’s a large garage with enough room for four cars and a carport.

Other features include gas hot water, three water tanks, a woodshed, gated yard and fruit trees.

Originally published as Dated Belmont home set for a renovation and extension