16 Belson Street, MALVERN EAST
DECEMBER 3RD 2011
At 6pm on Saturday, the James Clearance Rate for $M+ was 46% on the 24 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 1.3. This Weekend's Market It was a weekend that exemplified what 2011 has mostly been about - big enough crowds, and even spirited bidding in... Show Full Story
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It was the first time we had purchased commercial property, and we greatly appreciated your guidance, frank and straightforward explanation of the processes involved and especially your patience in both dealing with us and also real estate agents acting f We looked at a number of properties, with your guidance and assistance. We even made an offer on one property, only to miss out due to the (unpredictable) actions of the vendor's real estate agent. We felt quite 'low' at that time, but you provided a...
Richard Smoorenburg
We are government licensed Buyer Agents.
BOUGHT* - $2,157,000
3
2
2
818sqm
Auction - 1:30pm Mar 20 2010
16 Belson Street MALVERN EAST
RATED
Mar 7 2010
Mar 7 2010
Mal JamesMal 's Comments on 16 Belson Street, MALVERN EAST
"This type of block has issues despite its land size as they are hard to build on - the preferred method is to subdivide with such a wide frontage but if you can't and that may well be the case (Gasgoine Estate) then you are faced with dilemmas of rebuilding or refurbishing with a lot of the land at the front and a home that would spread across the block rather than, as most are used to, down the block. If however you are a front gardener who loves showing off, are happy with the current structure - its not a shocker and can plow some cash into a solid refurb then this single level home in a very good street may get your interest- it does allow the north light into the living areas very well. I think the laundry is in the wrong spot for opening up indoor/outdoor flow but there are other places for it and the rest of the floorplan works well with the bedroom wing on the south. Belson is a really good street but has always had tricky blocks and overpriced packages here have proved hard to budge over the years - with a Benmac reserve within their current quoted range that should not prove to be the case in this instance as Danielle and Ian know how to run a campaign of this nature."
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Property Analysis Summary of 16 Belson Street, MALVERN EAST
Suitable For
Cosmetic Renovator
Major Renovator
Land Only / Bulldozer
Concerns
Poor Cash Characteristics
Land Shape
Poor On Block Position
Benefits
Good Area Growth 25 years
Excellent Land Content
Great Street
Rail Transport Distance
Land Size
Car Access
Outdoor Access and Flow
Front to Back Flow
20th Mar 2010 - Auction Report - 16 Belson Street, MALVERN EAST
BOUGHT* - $2,157,000
When the streets of the Gascoigne Estate are bumper to bumper with Mercedes, BMWs, Audis, Lexii, and the odd four wheel drive, you should know that there is a house auction close by. The bidding was slow to start but 6 bidders joined the frey to make close to 100 bids for one of the 4% of ungraded properties in the Estate. Likely to end up as a new developme...
Crowd Numbers: 60 people
Bidderman: 6 bidders
Crowd Numbers: 60 people
Bidderman: 6 bidders
Property Characteristics of 16 Belson Street, MALVERN EAST
Price
Bought*
$2,157,000
Selling Agent
Ian McLennan
Agency
Buxton
Initial Agent Quote
$1,650,000
Price Imp.Sqm
$2,637 /isqm
(bought price)
(bought price)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
818 sqm *Approx
Rear Light
East
Style
Basic
Cladding
Brick
Storeys
Single
Position
Area
STONNINGTON
Suburb
MALVERN EAST
Location map of 16 Belson Street, MALVERN EAST
Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
809
UNDISCLOSED BOUGHT PRICE
$0
810sqm
4
4
2
Above Average
Quiet, Leafy, No Traffic
721
AGENT DECLINED QUOTE
$0
764sqm
4
2
3
Average
Quiet, Leafy, No Traffic
711
UNDISCLOSED BOUGHT PRICE
$0
920sqm
5
3
2
Average
Quiet, Leafy, No Traffic
692
$3,403
806sqm
5
4
4
Above Average
Quiet, Leafy, No Traffic
Explanations & Disclaimers
Bought* - Indicates property has been bought. We are a buyer rating company and a buyer advocate company only, and we use the word bought instead of sold to give the website a buyer flavour. We do not buy all the properties listed on this website, therefore we often rely on an advertised price or the selling agent to indicate the bought price and occasionally the result may be inaccurate.