SOLD
Sold on 30 Apr 2024 for $730,000

4 Hands Road
Kalorama VIC 3766

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 4046m2
Sold By
Fletchers Yarra Ranges
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Property Details for 4 Hands Rd, Kalorama

Building Type
Land
Land Size
4046m2
Local Government
Yarra Ranges
Lot/Plan
2/LP93175

Last Listing description (May 2024)

This once gorgeous five-bedroom clinker brick home is set on an acre comprising a colourful north facing garden full of surprises. With a sealed driveway and dual road frontage it is in a great location with Kalorama Park, tennis courts, kids' playground, and the Karawara gardens just past the rear boundary. Five minutes from the Montrose township and in the opposite direction five minutes to the Dandenong Ranges villages makes this the perfect lifestyle location. This property offers an amazing hills lifestyle with its private secluded setting, bush walks, and native fauna all on your doorstep. The only problem is its storm damaged and needs substantial repairs.

Ideal for the builder, chippy, tradesman, or project manager to invest in and reap the capital rewards once completed, this is a large project, not for the faint hearted. On offer is a rare opportunity to add value in its existing context or reimagine it to suit your own taste and style.

The pre-damaged home was built to a high-level using clinker bricks, high ceilings, quality timber polished boards, western red cedar windows, French doors, grand open fireplace, and brick/cement piers. It was a true multi-generational home with an apartment built in for teenage kids or Mum and Dad. The home comprises five bedrooms, three bathrooms, two kitchens (one undamaged) 3 living spaces and double garage. The damage is mostly confined to the middle of the home with both ends still in good order although carpet has been removed.

The home was struck by trees straight down the middle in the June 2021 storms. The damage is significant, and the project will require new ceiling trusses, roofing, flooring to damaged areas, plaster work and a new kitchen.

The property is being sold as is. We do not have a statement of works so you will have to make your own enquiries in relation repair costs. If you are up for a challenge this may be the one. Rebuild your new family home or make a profit. The choice is yours.

We ask that you do not go on the property without an agent as this is still someones property and we ask you respect that.

- 5-bedroom home including apartment
- Multi generation floorplan home.
- 3 bathrooms that appear mostly undamaged.
- Kitchen in apartment appears undamaged.
- Double garage under the home
- An acre of north facing land.
- Sealed driveway
- Dual street frontage
- Mains power to the home at box (not through the home)
- Mains water and mains gas
- Open fireplace and gas ducted heating

Property History for 4 Hands Rd, Kalorama, VIC 3766

A timeline of how this property has performed in the market
Last Sold
$730,000
30 Apr 2024
  • 30 Apr 2024
    Sold for $730,000
  • 19 Apr 2024
    Listed for Sale Not Disclosed

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About Kalorama 3766

The size of Kalorama is approximately 7.9 square kilometres. It has 10 parks covering nearly 104.6% of total area. The population of Kalorama in 2011 was 1,208 people. By 2016 the population was 1,259 showing a population growth of 4.2% in the area during that time. The predominant age group in Kalorama is 40-49 years. Households in Kalorama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kalorama work in a professional occupation. In 2011, 91.4% of the homes in Kalorama were owner-occupied compared with 91.8% in 2016.

Kalorama has 632 properties. Over the last 5 years, Houses in Kalorama have seen a 37.57% increase in median value, while Units have seen a -15.09% decrease. As at 30 November 2024:

  • The median value for Houses in Kalorama is $1,021,541 while the median value for Units is $963,338.
  • Houses have a median rent of $575.
There are currently 7 properties listed for sale, and no properties listed for rent in Kalorama on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Kalorama.

Suburb Insights for Kalorama 3766

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.