32-34 Park Street
BOUGHT* - Undisclosed
At least 80 people took over Park St, South Yarra to witness this double auction. Auctioneer Warwick Anderson had little to do but follow as bidders came in quick and strong opening with a bid of $3,000,000. Four bidders fought it out but, despite some competitive bidding, the property was passed in at $3,903,000. An innocent wave from the the crowd during M...

Crowd Numbers: 80 people
Bidderman: 4 bidders
 

32-34 Park Street SOUTH YARRA

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32-34 Park Street SOUTH YARRA

Benefits

Excellent street presence & facade
Excellent car access
Wide Street Frontage
Within normal walking distance to rail
Above average precinct for general area

Concerns

Poor street
Minimal land content as proportion of price
Requiring significant additional cash to purchase price
Touches other properties
Poor rental prospects
James Home Ratings
James Home Ratings
03 9804 3133
enquiry@james.net.au

Comments on 32-34 Park Street SOUTH YARRA

RENOVATOR"S OPPORTUNITY - you better believe it. Currently livable (just) - it could be developed as a single residence spread across these two terraces or redeveloped as two separate terraces - there are two titles. Either way, it will always be a challenge. But the terrace on the southern size is one of the best in Melbourne - despite being on Park Street and the street scape would be great. Can you just imagine those large trucks on Park Street delivering heavy fixtures just when the number 8 tram is trying to keep to schedule!

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What our clients had to say about James

We are so pleased that we ended up not compromising on location. Hi Gina and Mal, We are all really happy with our new home and are so grateful for your support and research. We couldn‘t have done it without you. Craig and I are so pleased that we ended up not compromising on location and really glad that we engaged you to help us. Regards, Sharon ...more

Sharon & Craig Murphy

HAMPTON

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The auction is this Saturday. Do you wing it or call James, the $m+ auction success story.
4
Bedroom
2
Bathroom
5
Parkings
368sqm
Land Area
Agent

Sold - 11:00am May 29 2010

Quote $3,500,000+

East Facing

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