15 East Street
BOUGHT* - $1,870,000
Around 50 people happily crowded inside the family room of this townhouse to wait for auctioneer Andrew Gibbons to start his preamble. I say 'happily', because the air conditioning was a relief from the afternoon heat outside. An opening bid of $1.8 million opened proceedings and Andrew asked for a $5,000 or $10,000 bid from the crowd. After a pause, B...

Crowd Numbers: 50 people
Bidderman: 2 bidders
 

15 East Street MALVERN

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Seemingly low additional cash required after purchase
Area distance from CBD
Above average precinct for general area

Concerns

Other properties in the street could be a negative issue
Limited Backyard
Touches other properties
Mal James
Mal James
0408 107 988
[email protected]

Comments on 15 East Street MALVERN

This classically styled townhouse has good street presence. As you approach from the street, the building is proud and the double garage adds substance. But you also notice the flats and that it is one-of-pair. As you meander inside this home however, you're not aware of the neighbours and in fact the home feels peaceful.

This low maintenance home will be appealing to small families and couples.

It is ready to move into with a functional floorplan and some thoughtful design elements too. With a courtyard as an outdoor space and good storage, this one will attract those who travel and need a lock n leave property. Older downsizers will want for a bedroom on the ground floor and some will want more light as this is a north facing property but the position is convenient to shops, recreational facilities, public transport and the freeway.

As a mid-term hold property this should find buyers, especially if the price is right.


Advice that Matters

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

3
Bedroom
2
Bathroom
2
Parkings
231sqm
Land Area
Floor Plan Agent

Sold - 2:30 pm Feb 21 2015

Agent Declined Quote

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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.