PASSED IN - $1,950,000

'You can't build it for $2 million. So sell your block of land and buy this instead!' Cheeky advice from auctioneer Steve Abbott was tempered by the alert that, 'We are now coming into a supply hole’. However, the crowd held back, and an opening vendor bid of $1,900,000 was required. This succeeded in drawing out a genuine crowd bidder who agreed to a $50,...

Crowd Numbers: 50 people
Bidderman: 1 bidders

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13 Palmer Avenue BALWYN

Item: 13 Palmer Avenue BALWYN
Rating: 700
Author: Simone Clarke

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Good rental prospects

Seemingly low additional cash required after purchase

Lower risk as established precinct

Concerns

Possible dating issues

Limited Backyard

Simone Clarke
0400 304 111
[email protected]

Comments on 13 Palmer Avenue BALWYN

A modern lock-and-leave home which has been well detailed and enjoys prized northern rear orientation. There is a lot to like about the floor plan - the bedroom separation is good, the kitchen setup works well and links cleverly to a hidden laundry and pantry areas, and the garage is a generous size and has added storage/workshop areas. Perhaps for some the position could be of concern - it is little away from Whitehorse Rd. The pool is smallish and the rear open plan area lacks space near the kitchen for a meals area. Style is also not your standard French Provincial reproduction type that has been such a proven winning formula in this area.

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4 Bedroom	4 Bathroom	3 Parkings	556sqm Land Area
Floor Plan	Agent	Private Sale	Quote $2,000,000 - $2,200,000	North Facing

Assess Question: Is this property a good home?