26 Olinda Street Quarry Hill VIC 3550

Heritage period home | modern open-plan extension | walkable CBD & parkland | leased until late 2026 This property presents a compelling blend of preserved character and contemporary living in a tightly held, blue-chip location. Its competitive strength lies in the seamless integration of heritage features with a high-quality modern extension, creating a rare offering that serves both family home seekers and investors. The prime walkable position opposite parkland, with direct access to amenities and the CBD, commands a permanent premium over typical suburban stock. The primary decision involves balancing its smaller land size against the inner-city convenience and character premium. The existing lease provides immediate income but defers owner-occupancy. Proceed by valuing the property strictly against recent, comparable sales of character homes in Quarry Hill, as the 2013 sale price is irrelevant. Our analysis would ground your offer in verified sales data, while our due diligence covers specific heritage overlays, extension permits, and the financial impact of the sitting tenancy.