Mr Walkom, of Walkom Real Estate, has listed the circa 1890s residence at 39 Perkins Street with a guide of $1.7 million. It is set for auction on June 22.

The home has been in the same ownership since 1993 and its renovation has been "a labour of love".

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From the street, the terrace has plenty of appeal. But beyond the elegant facade, a spacious four-bedroom home over three levels is revealed. There are formal and informal lounge and dining spaces, a contemporary Caesarstone kitchen, timber floors, soaring ceilings and a sky-lit main bathroom.

A deep, north-facing yard off a paved entertaining area has harbour views and plenty of space.

"The home's wow factor is the backyard," Mr Walkom said. "For a terrace it is really huge. It is a bit of a surprise and it's a bit of a rarity.

"We think it will be quite popular. It's pretty rare for these terraces to come on the market, especially in this condition."

It is open for inspection today at 12pm.