Large Highton property has lots of potential

Large Highton property has lots of potential

A HUGE block in Highton was in high demand at auction with three parties bidding on the property.

The 1207sq m property at 256 Roslyn Rd passed in at $678,000 and sold not long after to the highest bidder for $679,000.

The price guide during the campaign was $630,000-$660,000.

MORE REAL ESTATE: Strong demand for new and existing apartments in Geelong

Sophisticated Newtown renovation thinks outside the square

Prime housing land could sell for $40m as WA investors launch Armstrong Creek sale

Barry Plant, Highton agent Kieron Hunter said the property sold to a Grovedale buyer that plans on renting it out for a few years and then renovating and moving in.

“It is all about location, location, location here, it is a very rare 1207sq m block that is walking distance to Highton Village,” Mr Hunter said.

“You could renovate, develop or subdivide the back and keep the house.”

The 1960s brick house has hardwood floors, four bedrooms all with built-in wardrobes, three living areas, an open fireplace, and two dining spaces.

It also has a stunning view across Highton and established trees in the backyard.

The median house price in Highton has increased 7.7 per cent in the past year to $670,000, according to CoreLogic.

Source link