Just three years ago in September 2009, an 1883 Victorian Italianate detached home in Bronte traded hands for $5.3m. It was one of our favourites back then, thanks in part to it being one of very few colonial stock homes in the beachside suburb, but thanks also be to bathroom/living room combo that bridged the utility of a bathroom with the leisure of a lounge room. Nonetheless, just over a year after the new owners acquired the 5-bedroom abode, they lodged plans for a $500k Mary Ellen Hudson-renovation with the Waverley Council that sought the addition of a back porch, staircase, solar panels, and a spa. Only the porch and staircase made it to the final product and the remainder of the renovations were entirely cosmetic interior fit-out based. The renovation is definitely just lipstick on a pig, but it’s damn good lipstick on one of the best pigs out there.
Unfortunately, there are only two views that we could come across that truly capture the “before/after” nature of this flip. Also of minor sadness is the lack of any new interior photos aside from the new and vastly improved kitchen/living room and the garden level “summer room” (great name, great aesthetic).
Bethwyn Richards and Ben Collier (the latter whom handled the 2009 transaction of this property) of McGrath have the new and improved listing and are either “quoting $6.5m+” or “in the vicinity $7m”, depending which agent you ask. But we don’t blame them, it’s a difficult property to price; there are very few properties of this nature in Bronte aside from the heritage-listed 1845 Early Victorian homestead Bronte House that gave the suburb its name. However there is one property that shares many a similarity with 424 Bronte Road and that’s Bronte’s price record holder 19 Evans Street. That home sat on a far larger 2,711sqm parcel (424 Bronte is 904sqm) of higher land and sold for an impressive $13.05m after a stunning renovation of its own that saw the addition of a third-storey that captured water views and a large pool. Fun aside: Bethwyn Richards handled that transaction. However, despite 424 Bronte Road situation on a far busier street, it is a level walk to the beach and that’s always a bonus.
Assuming the home trades hands above $7m, it will be Bronte’s highest priced non-view home…and will make the current owners a nice chunk of change on the side. And considering the size and quality of this house, we have a tough time believing the home will trade for anything less.
The now (above) and the before (below).
The listing: 424 Bronte Road, Bronte
Click below for more images of the home as it currently stands and that awesome bathroom/living room at the time of its 2009 sale.