Situated on a level block with rear access is this single fronted period dwelling which is in need of refurbishment. The location is the big selling point with this house - positioned in an attractive quiet street the property is within walking distance to two train stations, cafes, restaurants, parks and at a stretch the beach being approximately 1.2 km to the West. The property also benefits from a Northerly orientated rear and onsite car accommodation. Some key things to note for the renovation, the bathroom position would be best moved to a central location and the bathroom/garage area may have been constructed with asbestos. Suitable for small scale developers or first home buyers looking to renovate.
Sales of interest that give us an inkling of where value might be - 21 Gordon St low $800,000 - 50% bigger land; 8 Rowan St 15% smaller land $640,000. 249 Hotham St- weaker position and timber $660,000 - 15% more land.
In Balaclava we see buys in 41 Marlborough and 15 Nightingale in the mid 700's.
Renovated we see value up to 900,000 timber and million brick $1,000,000 Can you renovate for $150,000 to $250,000.
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2
Bedroom
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1
Bathroom
|
1
Parkings
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201sqm
Land Area
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| Floor Plan | Agent |
Sold - 12:00pm Mar 27 2010 |
Quote $600,000 |
North Facing |
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