Offered for the first time in more than seventy years, 36 Hagelthorn Street is a five bedroom, two and a half bathroom double storey home built in 1953 on a 667 square metre block in the heart of Wonthaggi. It is a rare combination of scale, land and position, and it comes to market as a genuine renovation project with everything you need to assess it published right here.

The home requires structural rectification before it requires anything cosmetic, and rather than have you discover that at an open home, we have taken a different approach. The complete independent structural engineering report and the full building inspection report are available on this page. No phone call, no request required. You can read every page before you visit, and we encourage you to do exactly that.

In plain terms, It has been underpinned and resin injected in previous decades. Movement has reduced substantially and cracking through the walls ranges from minor to moderate under the Australian Standard classifications. Importantly, the engineer sets out a clear, staged rectification pathway, beginning with a CCTV plumbing inspection and drainage correction, followed by repointing and cosmetic reinstatement. A plain English summary of that pathway sits alongside the full reports below, and the price guide now reflects every line of both documents.

What that price buys is scale and land that simply do not exist at this money. One hundred and fifty five square metres over two storeys. Five bedrooms. Rear laneway access to a garage and workshop. A short, flat walk to the centre of town. A block that underwrites the purchase on its own, with the home offering enormous upside for the right buyer.

That buyer is most likely a builder, tradesperson, experienced renovator or purchaser with cash or strong equity who can carry a staged works program. We flag early that the property may present challenges for high loan to value lending, simply because your valuer will read the same reports you will, and we would rather you plan for that from day one than be surprised at approval.

Every question you would normally ask standing in the hallway is answered in the documents below. Offers are submitted through Openn Offers, where every registered buyer sees the same information and the same price activity. The guide is $395,000 to $435,000 and the campaign closes on 9th September.