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37 Scandinavian Crescent

Talbot, VIC 3371, Australia
$1.10m
7 bed 2 bath 3 car278m²

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Area Price Guide
$1.03m$1.17m

Indicative price guide range

🏘️
18
Comparable
📊
$250,000
Area median
⚖️
+340%
vs median
📐
$3,957
Per m²
📏
278 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

The former Goodman's Phoenix Hotel, circa 1870, and Bank of Australasia buildings are a magnificent, iconic and significant presence on the Scandinavian Crescent streetscape of Talbot. Together these former goldmining era buildings form a substantial holding that's situated on a 1475 square metre allotment with access from both Scandinavian Crescent and Whitakers Lane at the rear. Constructed of double solid brick on bluestone foundations, this property defies time. The measure and scope of opportunity with this property is both breathtaking and quite mesmerising as we meander through these two amazing entities. Although joined by a central hallway, the two properties can be and are quite separate, bringing the realisation that this can be the ultimate dual occupancy property. Each property has their own flexible arrangements of vast living areas, multiple bedrooms, individual kitchens and fabulous bathrooms. The former Goodman's Phoenix Hotel is now utilised as a vast private residence. As we enter through the door into the central hallway, to the right we see the original bar/billiards room with the fully accessible cellar (that's dry and most useful) directly below. A character filled room and the bygone ambience is palpable. There are three separate living areas and three or four possible bedrooms, a walk-in robe/dressing room, study, a fabulous bathroom reflecting the era of the property and a separate powder room. The provincial style kitchen features a 900mm stainless 'Euro' gas range, walk-in storage pantry and an additional butler's pantry with adjacent laundry room & an additional storage room with scope for other uses. High ceilings, wide hallways, open fireplaces with decorative over mantles and beautifully restored floors embrace the glory of the golden era, further enhanced by the sympathetic and tasteful décor right throughout. Certainly a fabulous home. Now let's move into the second residence, the Bank of Australasia building, most recently used as a decadent B & B. This property comprises three possible bedrooms, two very generous living spaces, kitchen and a separate meals area that opens out through French style doors to a shady pergola for outdoor living and entertaining. The decadent bathroom with walk-in shower, a deep claw foot bath, vanity and toilet will definitely impress. There's a separate powder room here also. The allure of space and ambience that's afforded throughout both of these residences, is an inherent result of the architecture from the era, large rooms with high ceilings certainly work their magic here. It's very evident that a lot of thought and consideration has been invested with the restoration, renovation and updating of the properties. Situated on a very large allotment of 1475 square metres, each property has their own separate entrances, with established gardens, fabulous stands of peppercorn trees and a selection of fruit trees. There are several courtyard spaces, loads of off street parking, a good size lockup shed and adjoining carport. The opportunities here are endless. With direct access onto Scandinavian Crescent from both buildings, this gives way to multiple business option opportunities. You can live a decadent lifestyle in one residence and operate your business from the other. Either building is perfectly suited for and not limited to: bed & breakfast, art gallery, book shop, plant nursery and home décor (STCA). Or just perfect for a dual occupancy opportunity. Only an inspection of this unique property can reveal its full potential. For more information or to arrange an inspection, contact agent Lois De Jong on 0413 175 087.

Property Features

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    Repayment calculator

    $5,333/month
    $2,666 /fortnight
    Loan $880,000 at 6.10% over 30 years

    Upfront costs

    Deposit$220,000
    Stamp duty$60,500
    Conveyancing (est.)$2,000
    Total upfront$282,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    7
    Bathrooms
    2
    Parking
    3
    Land Area
    278m²
    Listed
    1 month ago

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