Melbourne homeowners make millions a year when Nine buys their property for The Block
Some very happy Melbourne homeowners have made a fortune after Channel Nine tapped their newly acquired property to use for the next season of The Block.
The makers of the hit renovation show paid $2.75 million for a three-bedroom home after it sold just last year for $1.889 million.
Meanwhile, a four-bedroom home, which hits the market in 2021 for $1.44 million, was also purchased by Nine for a whopping $3 million.
Some very happy Melbourne homeowners have made a fortune after Channel Nine tapped their newly purchased property to use for the next season of The Block.
The two neighboring homes are part of a series of five vintage brick homes that Nine purchased in Charming Street, Hampton East.
According to Realestate.com.au., the Network spent $14.3 million buying properties between June 29 and July 1 for The Block’s 2023 season.
Only one in five properties purchased in the same block at 14, 16, 18, 20 and 22 has two bedrooms. Four others brag three to four bedrooms.
Area of each block from 575 – 703m2.
No.22, which sold in June 2022 for $1,889 million before Nine recently bought it for $2.75 million, is a three-bedroom, one-bathroom cream-colored, one-bathroom, cream-tiled family home. pretty.
A 4-bedroom home, launching in 2021 for $1.44 million, was also purchased by Nine for a whopping $3 million
Built in the mid-1950s, the cozy garden sits on a 632-square-foot property surrounded by beautiful gardens.
Still retaining many classic touches including the vintage bathrooms, the property is filled with Old World charm.
Meanwhile, the 4-bedroom, 3-bathroom home at 14, which sold for $1.44 million in February 2021 before Channel Nine spent $3 million to secure it, is a sprawling estate. large with an area of 609m2.
Cozy living room inside one of the houses bought for The Block
Kitchen inside at 14 Charming Street Hampton East
The lovely red brick house has spacious living areas and has had some decor, including the kitchen and one of the bathrooms.
The Block filmed the 2021 season in neighboring Hampton, just two kilometers from the 2023 location.
Denise Jacobs, one of the regular Block officials, said East Hampton is ‘taking off’ even as it is a ‘poor cousin’ to Hampton, which tends to be more expensive.
The Block filmed the 2021 season in neighboring Hampton, just two kilometers from the 2023 location
Source: | Dailymail.co.uk