Buyers of the South Yarra octagonal apartment The Block contestants created as a challenge on the 2015 season are angling for a new owner.
The ‘Blocktagon’ beauty at 1/1A Affleck Street is up for grabs for $1.695m via private sale — just $25,000 more than Channel 9 received for it after that season’s finale six years ago.
Marshall White Stonnington agent Nicholas Brooks said a 50/50 split of owner occupiers and investors had been attracted to the prime-time three-bedroom pad in this campaign.
“The size is by far the most compelling aspect of the apartment, given the location, it’s over 240sq m internally; to find an apartment that size in South Yarra you’re usually looking around the $4m mark,” said Mr Brooks, who also sold the building’s penthouse in 2018.
“It’s boutique-style living with five apartments, as opposed to 200, and predominantly owner occupiers in the building; mostly people who have sold family homes in South Yarra, Toorak or Prahran and are after that lock-up and leave lifestyle but don’t have to sacrifice on size.”
Mr Brooks said the unconventional floorplan placed the pad at a lower price point to other apartments its size — but it had three full-sized bedrooms all with ensuites, plus a bar or study off to the side with its own powder room. There’s even a home cinema.
The property has been rented for $1500-$1700 a week furnished with The Block items over the years, when not used by the vendors, who had made a permanent move to Queensland.
Mr Brooks said it had always done “exceptionally well” on the rental market too, mainly under 12-month leases, and noted it would not be sold with the furniture this time around.
A previous campaign with another agency attempted to nab $1.7m-$1.87m in late 2018 but failed to find a buyer.
Mr Brooks said the locale was a huge drawcard, with “proximity with Commercial Road and the sprawl of bars, cafes and restaurants between the property on Affleck Street down to Chapel Street” including Atlas Dining, Tall Timber, The Alps and L’Hotel Gitan.
“People love that it is becoming a bit of a foodie hub along that strip,” he said.
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