BOUGHT* - $6,050,000

Brighton Golden Mile Beachfront - four words that mean money and the kind of money that means has been $8000 to $10,000 per sqm in recent times but at the northern end. A question our auctioneer Greg Costello asked in his opening spiel was “is this southern part of the Golden Mile more highly regarded than the northern part due to the activity on the beach...

Crowd Numbers: 30 people
Bidderman: 2 bidders

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2 Mytton Grove BRIGHTON

Item: 2 Mytton Grove BRIGHTON
Rating: 755
Author: Mal James

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

Good area pricing range meaning lower risk on resale

Concerns

Poor rental prospects

Mal James
0408 107 988
[email protected]

Comments on 2 Mytton Grove BRIGHTON

Classic Golden Mile Beachfront Address - the big question is - Is this worth more than the $10,000 per sqm that has been achieved 3 times in the last year or less? For me this is the best of the best Golden Mile - better views eg the beach and marina and better locale eg closer to church st, the baths and so on. These blocks sell irrespective of the market and this will sell well come Auction day at around $6,000,000 or more.

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4 Bedroom	4 Bathroom	0 Parkings	613sqm Land Area
Floor Plan	Agent	Sold - 2:00pm Nov 5 2011	Agent Declined Quote

Assess Question: Is this property a good home?