Wednesday, 27 May, 2020

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Brunswick West reno almost doubles in price inside two years

A stylish renovation at 70 Grantham St, Brunswick West was snapped up quickly.

Resplendent renovations are proving a hit with buyers across Moreland, as a “chalk and cheese” transformation sold after just its first inspection.

A pilot swooped on 70 Grantham St, Brunswick West with a knockout offer of $1.756 million as the four-bedroom house spent just a week on the market.

Jellis Craig Brunswick agent Elizabeth Kelly said an “enormous” 57 groups attended the first and only open home for the property, listed with a price guide of $1.7-$1.8 million.

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This …

… became this at 70 Grantham St, which sold for $1.756 million.

A sophisticated neutral colour palette was a huge hit with buyers.

The vendors nearly doubled their money inside two years, having paid $950,000 for the dilapidated house in August 2017 before transforming it.

Ms Kelly said the home before and after the renovation was like “chalk and cheese” and she was surprised to see a buyer come from outside of the agency’s expectations.

Like a butterfly, this unliveable home …

… emerged from its cocoon with tantalising beauty.

The home’s modern kitchen.

“We were assuming the demographic would be young family — we were thrown a curve ball but it was a good curve ball,” she said.

Replacing the Brunswick West renovation masterclass on the market is 67 Grandview Ave, Pascoe Vale South, with a price range of $1.6-$1.7 million.

If you squint for long enough …

… you can see the similarities at 67 Grandview Ave, which was recently listed for sale.

Outdoor decking with easy transition inside.

The architecturally transformed Pascoe Vale South property bears little resemblance to the tired house it was when it last sold in July 2009, retaining only features such as leadlight windows.

High ceilings, open-plan living and clerestory windows now bathe much of the home in natural light.

The fiddle-leaf fig grows unimpeded through the void.

A wraparound bench and pond in the backyard.

The house cost $520,000 then, according to CoreLogic.

Jellis Craig Brunswick agent Adrian Petrucelli said the renovation combined traditional Art Deco and contemporary styles.

The Grandview Ave house goes to auction at 12pm, September 8.

An upstairs living room opens to a large rear balcony.

One of four bedrooms, featuring leadlight windows and a fireplace.

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