PASSED IN - $1,400,000

Auctioneer Maurice Di Marzio's preamble was rudely interrupted by unexpected showers. This led to the small crowd of 40 being promptly ushered inside the cosy cottage, where the auction continued. Unfortunately for Mr Di Marzio, the rain seemed to have dampened buyer spirits. The auction opened with a genuine bid of $1,300,000 and after no further buyers eme...

Crowd Numbers: 40 people
Bidderman: 1 bidders

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10 Elgin Street HAWTHORN

Item: 10 Elgin Street HAWTHORN
Rating: 644
Author: Simone Clarke

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Excellent land content as proportion of price

Minimal ongoing outgoings

Lower risk as established precinct

Concerns

Position of living/dining room

Bathroom no ensuite

Low and/or mixed ceiling heights

Simone Clarke
0400 304 111
[email protected]

Comments on 10 Elgin Street HAWTHORN

Original single-storey Victorian home which has been renovated a few times in it's lifetime and is propbably due for another workover to the rear again. Corner street position leaves the front of this house a little exposed - it is well setback though and may provide an opportunity for an off-street car-park. Front section works OK and although livable the flow is less than ideal to the rear - lacks a meaningful open-plan area and the ceiling heights are low. Rear yard is a good size and will afford opportunties - not too sure that the detached studio spaces really add much value yet the rear car access does and this is a big plus.

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4 Bedroom	2 Bathroom	2 Parkings	561sqm Land Area
Floor Plan	Agent	Private Sale	Quote $1,400,000+	West Facing

Assess Question: Is this property a good home?