1 Canberra Grove BRIGHTON EAST

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Lower risk as established precinct
Lower risk established look

Concerns

Requiring significant additional cash to purchase price
Mal James
Mal James
0408 107 988
[email protected]

Comments on 1 Canberra Grove BRIGHTON EAST

This home provides comfortable short-term accommodation for buyers looking for a convenient family location to renovate or build their dream home. The land size offers good flexibility for an extension or new build, and the extra width in the property provides plenty of opportunity to capture good northern light.  The internal ceiling heights work well for those wishing to keep the facade and renovate. Choosing this option may also protect the home from a longer term growth perspective, as the facade has already stood the test of time and has street appeal.  New builds have the uncertainty of how the market will view the architecture in years to come.  For families, this end of Canberra Grove provides convenient access to both St Leonard's and Haileybury, as well as the Hampton Street shops, restaurants and the station. However, some traffic could be heard in the garden from nearby South Road.  In a street where many of the properties have been recently capitalised, the most recent relevant sale was in May last year at 90 Canberra Grove.  With a similar style facade, but on almost 100sqm less land, this home sold for between $1.25 -$1.3 million in a flatter market.


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4
Bedroom
2
Bathroom
2
Parkings
761sqm
Land Area
Floor Plan Agent

Sold - 3:30 pm May 4 2013

Quote $1,100,000+

West Facing

Full James Rating Sheet

Advice that Matters

James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.