000

/1000
$2,150,000
18 Marriage Road BRIGHTON EAST

18 Marriage Road BRIGHTON EAST

Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

My name is Mal James. I initially reviewed 18 Marriage Road BRIGHTON EAST on .

Wide Street Frontage, Coffee/Eateries are close by, Higher positional potential for long term growth, Poor street, South facing rear (negative light issues), Requiring significant additional cash to purchase price

We rated this home as land only at 463.

Issues were rebuild, south rear, busy road - a tricky combination.

Positives - price if cheap (under $3000 per sqm), near shops, wider frontage (for look of new build) and near other developing homes considerably more expensive (eg future capiltisation on a rebuild)

 

JAMES AUCTION REPORT 12.8.17

Agent Quote: $1,800,000 - $1,980,000

On Market: $2,000,000

Result: $2,150,000 Bought, under the hammer

Crowd: 65

Bidders: 3

What Happened: Opening bid of $1,700,000 quickly beaten by a $1,750,000 Vendor Bid. Initial bidder dropped out soon after, however, auctioneer Jonny Clarkson teased out two other competitors until the figure came to a halt at $2,150,000 and the home was sold.

James Value Analysis: Solid Result

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What our clients had to say about James

I felt that he was very honourable in advising me of this, rather than just serving his own interests. James Buyers acted on my behalf as a Buyer‘s Advocate to purchase a high-end property in October, 2011. Mal James was at all times professional and did a lot of research pre-auction on this property. Unfortunately, I was the under-bidder, as the property ...more

Caroline Dessau

MELBOURNE

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James »
3
Bedroom
1
Bathroom
2
Parkings
685sqm
Land Area
Agent

Sold - 12:30 PM Aug 12 2017

Quote $1,800,000 - $1,980,000

South Facing

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