Tennis court pair served up for close to $7 million
It’s game set and match for two top seed tennis courts as the demand for beachside land near central Melbourne scores millions.
In Brighton, an 892sq m block is due to go under the hammer at the end of the month with price expectations of $3.8-$4.1 million.
Surrounded by prestige trophy homes that have fetched more than $5 million, this ace find has for generations been part of a larger estate which houses a century-old residence, also currently on the market, for $3.5-$3.8 million.
Selling agent Stephen Smith of Marshall White Bayside, who has co-listed the lot with Ian Jackson of Kay & Burton, said it was rare to find a vacant site in highly sought-after Brighton.
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“Often you’ll find a home that has been well loved but might need to be knocked down, but nothing like this,” he said.
“This particular parcel has been so loved in the community, not just by the family who own it and have been there for decades,” Mr Smith said.
“For years locals have been using the tennis court and many of them will miss it,” he added.
The rare, level block with an 18m frontage at 58 Were St is 14.5kms from Melbourne’s CBD and just 600m to the sand. It is also close to Brighton Beach Gardens, transport and Were St shops.
“Both listings (58 and 60) are for very different people. The tennis court is an opportunity for someone to build their dream home from scratch as it is a real blank canvas. On the other hand the home next-door is an older residence with a heritage overlay, so it would suit someone who is willing to put their mark on it,” Mr Smith said.
No. 60 is a two-storey five-bedroom home on 1070sq m dating back to 1919. Both sites be auctioned on March 30.
Further afield in Portsea, Warwick Anderson of RT Edgar has listed another vacant block with a partial tennis court only minutes from the popular beach.
On the market through an expressions of interest campaign closing on Wednesday April 24, the property is expected to sell for between $2.65 and $2.75 million.
The grand 2416sq m block at 15 MacGregor Ave is big enough for a full sized court, a sizeable home and even a pool.
“You would have to reconfigure it to keep the tennis court as the way this block is, the court will actually be carved in half. It has been part of a bigger land holding of three titles and the owners just don’t want to keep up with the maintenance anymore,” said Warwick Anderson of RT Edgar Portsea.
“This is a cracker jack position. It really is as good as you can get. You just can’t find blocks of land like this — it’s just by freak chance that it was part of a bigger property that has only just been released for the first time,” he said.
Once making up part of the rolling gardens belonging to the much bigger Quarry Hill estate, this block is steeped in Victorian history.
“It harks back to the old lime burner days of Portsea. It’s where they dug the land to make the mortar that essentially built Melbourne,” he said.
Just minutes from Shelley Beach and a short walk to local shops, the unique allotment has a 30.48m street frontage and is conveniently level.
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