Renovated former store listed in Port Melbourne replete with original signage
A converted former corner store in Port Melbourne - replete with original signs advertising Lipton’s Tea, Bushells and Noon Pies - has been listed.
With two brick open fireplaces, the property has been converted into three-bedroom family home while still retaining traditional characteristics from its former life.
The property’s history remains a drawcard, according to estate agent Robert Broadhurst from Kay & Burton.
“People like to form an indelible link with the past. Melbourne’s not that old.”
“There’s a lot of character filled homes around but unfortunately a lot of them have been butchered by renovation. Once they’re altered they can’t be put back,” said Broadhurst.
He said the property is expected to sell for about $850,000 but this amount “doesn’t allow for any emotional character of the home”.
The architecture of the house on its 190 square metre block blends with the many other Edwardian and Victorian homes nearby.
“Neighbouring homes are fairly sympathetic…it’s a fairly intact streetscape.”
Clark Street is one of the premier residential strips among Port Melbourne offering tree-lined streets.
The rear of the property was renovated in the 1980s, but the large living areas and bedrooms remain.
The house's corner position allows off-street parking.
Another three bedroom terrace on a 198 square metre block on the same street sold for $917,000 in October last year.
The median housing price in Port Melbourne is $903,000 a growth of 5% from last year. The median rent is $600 per week , making an indicative gross rental yield of 3.5%.
Lipton tea, advertised on the property’s front, was founded by Scottish grocery owner Thomas Lipton in the 1880s.
Bushell’s was Australia’s first commercial tea trader.
The origin of Noon Pies has been a little harder to ascertain.
Download the Savills Australia iPad App
Our property commentators Jonathan Chancellor and Margie Blok give contemporaneous and old-fashioned tips that could give readers the opportunity or competitive edge in the 2014 marketplace.