24 Philipson Street ALBERT PARK

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Good rental prospects
Seemingly low additional cash required after purchase
Lower risk as established precinct

Concerns

Restricted or no car access
Touches other properties
Poor car garaging
Mal James
Mal James
0408 107 988
[email protected]

Comments on 24 Philipson Street ALBERT PARK

Philipson is not an overly strong Albert Park street, but this property has a pretty facade and is only a short walk to the beach and Victoria Avenue. The house has been cleverly renovated and, whilst the floorplan follows a tried and true template, the overall feel is a good one. The property will appeal to couples, downsizers or investors, and downsizers in particular will like the master bedroom on the ground floor, making the two upstairs bedrooms available for family or grand children. Couples with very young children may however have concerns with the separation between the master bedroom and the upstairs bedrooms. The lack of off-street carparking is a concern and may impact on value going forward. To help with pricing, the sale of an unrenovated property at 45 Greig Street Albert Park for just under $1.1m is a good land guide.


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3
Bedroom
2
Bathroom
1
Parkings
137sqm
Land Area
Floor Plan Agent

Sold - 11:30am Dec 15 2012

Quote $1,300,000+

North Facing

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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.