What a difference a DA makes: Moulder Street property returns to market after reno and subdivision
May 15, 2023
By Peter Holmes
When 14 Moulder Street last sold, in September 2017, it was pitched as a centrally located three-bedroom home bursting with possibility.
With a house plonked at the front of a block of more than 1,300 square metres, the land came with a shed “to suit tradies” and a workshop.
In need of updating, the property sold for $510,000, with the listing agent Pat Cutcliffe suggesting subdivision and dual occupancy were a possibility, subject to Orange City Council approval.
It also pointed to a potential future as a short stay rental.
Turn the clock forward less than six years and what was 14 Moulder Street is now 14 and 14a Moulder Street.
Both are on the market, to be sold separately or in one line. Pat Cutcliffe is again the selling agent.
The main home - which has undergone a significant renovation, including the removal and additional of walls, and new bathrooms - has been used as an Airbnb rental for two-to-three years, Cutcliffe said.
And the massive block has been subdivided.
The home - 14A Moulder Street - now sits on a 427-square-metre parcel of land, with the block ending at the back of the house.
Behind it - the new 14 Moulder Street - is an 876-square-metre vacant block, with DA approval for two townhouses.
The renovated house has a formal lounge room on entry with air conditioning and fireplace.
An open plan family living and dining area at the rear connects to a covered deck.
There is a contemporary island kitchen with stone benches, 900mm gas stove and dishwasher.
The main bedroom has a built-in robe and modern ensuite.
14A Moulder Street has a price guide of $800,000.
Cutcliffe estimated the land behind the house could sell for around $700,000.
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