Peppin Street sits up nicely on the hill, a stone throw or two from Camberwell Junction. No. 3 is currently on the market, an honest double-fronted timber Victorian in dire need of some work.

This property has many future options – bulldoze and build again (no heritage overlay helps with this), or work with the charm of the original house and renovate. With an east facing rear, potential city views from a second storey, a cul-de-sac street location with a park close-by, this should well suit a family. Unfortunately the house is not ideally sited, with minimal setback to the northern side meaning that access to natural daylight is a little compromised, yet car access to the south is quite good.

At over 600m2 the land size is OK here and that is essentially what you are buying. There have been many sales in this precinct and the maths should not be too hard to calculate. With fine Camberwell streets such as Waterloo and Fermanagh close-by, Peppin Street is in very good company.

If choosing the renovation/extension option, rather than just extruding through the house floor plan in simple form back to the rear yard, a better option may be to offset the rear extension to the south a little which would afford some primacy back to the northern side. This area could then feature a sun-drenched pool, deck or alfresco area, which would also provide generous opportunity for good amounts of north-facing glass to informal open-plan living areas.

3 Peppin Street Camberwell is scheduled for auction Saturday, the 24^th of October at 3.00pm and is listed by Seamus O’Brien and Richard Earle of Jellis Craig.

Design well.

Adam