14 Cremorne Street BALWYN

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
Area distance from CBD

Concerns

Poor street presence & facade
Poor On Block Position
Roof needs closer inspection
Poor flow front to back
Low and/or mixed ceiling heights
Simone Clarke
Simone Clarke
0400 304 111
[email protected]

Comments on 14 Cremorne Street BALWYN

 

This well-preserved 70s home will appeal to lovers of this style, and with a bit of renovation could be further improved. The internal courtyard provides light but also interrupts the general flow, and the external utility room is space which could be far better utilised – renovation would work wonders here. The slightly dark feel to the house is due to the expressed timber and exposed bricks common to the era, but a lighter colour scheme would make a difference. Another issue might be that while the backyard is a good size, the house does not connect very well to it.  However many buyers will find the oversized garage a key plus, along with the pleasant tranquillity of the street and its location within the current Balwyn High zoning. Its proximity to shops, parks and the Whitehorse Rd tram will also protect capital growth. This house has good bones, and while it may be bulldozed, I feel it will most likely appeal to a renovator. Most of the work is cosmetic, but going further and knocking through a couple of walls would improve the rear. It’s extremely level, and because of this could appeal equally to a family with young or older kids or a downsizer wanting the location and the generous rear yard for gardening or entertaining. The price would make this a good entry-level opportunity into a popular area.

 


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3
Bedroom
2
Bathroom
2
Parkings
681sqm
Land Area
Floor Plan Agent

Sold - 2:00 pm Jun 1 2013

Quote $1,200,000+

East Facing

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Advice that Matters

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