Family has no firm plans for bungalow on college doorstep
THE chance to live just a few doors down from their children’s school was enough for a family to seize on a rundown renovator’s delight auctioned in Newtown.
Heidi and Troy Shaw had always wanted to move closer to The Geelong College and saw potential in the california bungalow at 48 Upper Skene St.
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But they had to overcome competition from four other bidders to secure the three-bedroom weatherboard for $656,000 on Saturday.
With no heritage overlay, the 468sq m property provides a blank canvas for the new owners.
“We don’t know if we are going to renovate and or rebuild but our plan is to live here,” Mr Shaw said.
“The girls go to school at Geelong College, right there at the end of the street.
“It’s a terrific location, we have been looking to get into this area for a while.”
Mr Shaw was happy to sit back and let early bidders get the ball rolling, only entering the auction after the price rose from $560,000 to $630,000.
McGrath, Geelong agent Will Ainsworth declared the property on the market at this mark.
Listing agent Ricky Forte said the house had been owned by the one family for almost 50 years and presented great potential in a blue chip location.
The house has a separate loungeroom, dining room and kitchen, plus an outdoor laundry in the north-facing backyard.
Mr Forte said it retained period features like double sash timber windows and high ceilings.