This lovely property, 23 Ryeburne Avenue Hawthorn East was up for auction this weekend. At first glance many would have seen a lot of hard work and effort ahead here – some may even have looked well beyond the house and sought to buy for land value only.
Achieving a strong rating score of 701 this humble Edwardian property in my opinion had many positives – secluded rear open space with northern aspect, lovely brick period home with wonderful bones, street presence, good frontage width & an overall land size of (848m2). The street itself has a lovely feel and close proximity to Rathmines Rd, Sir William Angliss Reserve, tramline & 2 trains stations were very convenient benefits.
Unsurprisingly, this sold at auction just over the quote range at $1,720,000. This equates to $188 per square foot, which is quite reasonable.
One option for this property is given above. This involves knocking down the rear extension (not part of the original house) and extending to the rear to incorporate a second storey. By doing this the house now logically has informal and formal living zones, the former being open plan connecting easily to the rear outdoor living space.
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