A Fitzroy landmark which has been labeled as one of Melbourne’s best looking houses, has been sold eventually around one week after it was put up for auction. The architecturally and historically significant property at 122 Nicholson Street was sold in a negotiation after the auction for $3.35 million.
Arch Staver, the selling agent for Nelson Alexander Fitzroy has stated that it is an overseas buyer who is planning to retain the 4-bedroom home as a major investment currently. It may also be rented out to families in the future according to him. Staver stated that it is a landmark property that the buyer wished to own. Staver also confirmed the receipt of another offer during this week but the final purchaser won after a swift settlement was offered. The auction for this beautifully designed property was observed by more than 100 people but not a single bid came about. The house was thereafter put up for private sale with a price tag of $3.5 million.
Staver also stated that Greg McLean, the writer and director of Wolf Creek had bid a lower amount when the property was put up for auction around one decade earlier. It got a value of $2.37 million back then. As per earlier documents, the imposing structure was first constructed for noted architect John Denny in the year 1862. It was initially a cottage of four rooms prior to being extended and revamped in the 1880s.
The available documents mention this double-storeyed home as a prime example of the very plush and flamboyant boom-style in terms of design, which has been observed throughout several Melbourne mansions. The property was majorly used as a boarding house all throughout the 20th century and it became a bed and breakfast later on. The bathrooms and kitchen of the house have recently been modernized prior to the auction although the charming period features have still been kept intact.
