source : www.realestate.com.au
The Gisborne home that Scott Cam restored on last year’s season of The Block is for sale with an asking price of $4.1 million to $4.3 million.
If it sells at the top of the range, it will achieve a higher price than all but one of the teams on last year’s The Block: Tree Change.
In a Block first, Cam and his team of tradies built a property on the same Gisborne estate as the contestants’ homes, with Cam pulling double duty as he organized the show and pulled rooms together.
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Regular Block bidder, Advantage Property Consulting principal and buyer advocate Frank Valentic, has predicted the circa-1866 home at 207 McGeorge Rd will be popular with buyers.
The property called Camalot sits on 4.04 hectares and features a fountain, a 3D printed concrete cabana next to the pool and an outdoor kitchen with a pizza oven.
The four-bedroom home’s kitchen features a wrap-around porch, a reclaimed wood island bench and butcher block, two wine refrigerators and a large butler’s pantry.
There is also a separate home office and studio at the property, which is listed by Kirrily Evans of Evans Realty Group.
Mr Valentic said he showed buyers through Camalot when The Block was on air in 2022, with some commenting: “It’s the best house on the show”.
“I think when he (Scott Cam) renovated it, it was very, very popular,” Mr Valentic said.
“I would be surprised if it didn’t become popular again.”
Mr Valentic said buyers enjoyed the landscaped gardens, outdoor entertainment area and the way the house was set back from the other Block properties, offering privacy.
“It had the historic style that the other houses didn’t have, it looks like a real country house,” Mr Valentic added.
The Block’s Gisborne auctions were largely labeled as disappointing for the majority of participants, culminating in Jenny and Dylan’s properties selling for $3.9 million – $180,000 less than the reserve on auction day.
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Mr. Valentic, who has purchased nine Block properties on behalf of clients and bid on about 45 homes over fourteen seasons, said he was dealing with buyers who might be interested in bidding on homes from the current season of The Block.
The homes in Hampton East will be auctioned on Saturday.
“I would be surprised if I didn’t bid on at least one,” Mr. Valentic said.
Investors were often interested in homes from The Block, he said.
“As rental properties you have a pretty high return and you get all the furniture and accessories.”
Mr Valentic said block auctions were “always unpredictable” but there were usually five to seven bidders per house depending on a range of factors, with the first two to three houses to go under the hammer attracting the most interest.
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source : www.realestate.com.au