3 Merton Place
BOUGHT* - $1,750,000
A small crowd gathered in this small street to watch the auction of this small home. When our Auctioneer Tony Pride asked for an opening bid, he was met with a $1,600,000 bid. He asked for a $5,000 rise and it was taken up by Bidder 2. Bidder 1 asked if it was on the market and Tony said, 'No'. These two bidders kept bidding in similar increments while conti...

Crowd Numbers: 25 people
Bidderman: 2 bidders
 

3 Merton Place ALBERT PARK

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3 Merton Place ALBERT PARK

Benefits

Excellent street presence & facade
Quiet and peaceful
Excellent car access
Close to Water
Good access and flow to outdoors

Concerns

South facing rear (negative light issues)
Interrupted floor levels
Bathroom no ensuite
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 3 Merton Place ALBERT PARK

This property is what it is; a very typical but high quality small home with hopefully a realistic price.

The condition is average but the floorplan is good, the location is sensational and the rear car access is a huge positive for these types of homes.

There are three factors which in combination and at these prices are not easy to find and which make this a property to go after: 
• 3 bedrooms in this size home which are well positioned and
• In combination with the bathroom position mean no structural expensive renovations are needed and
• The car access is not ideal but above average for this size home.

Agent said rental was $800 pw 18 months ago - but need to checked current appraisal.

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Nonetheless we accepted the clients right to complain. A client complaint was received for our tardiness in highlighting council documents relating to a flood plain. We felt this complaint was harsh as the document was discovered by us as part of our due diligence which nobody else we are aware of actually does and it was sent to the client. Nonethe ...more

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3
Bedroom
1
Bathroom
2
Parkings
156sqm
Land Area
Floor Plan Agent

Sold - 12:30 PM Oct 28 2017

Quote $1,400,000 - $1,450,000

South Facing

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