35 Philipson Street
BOUGHT* - Undisclosed
An interesting double-fronted Edwardian on 410sqm just 100 metres from the beach. Around 40 auction-watchers spread out around Greg Hocking whose call for bids was met with lowered eyes and hands. The $2,100,000 opening vendor bid drew no interest and after a brief break, Mr Hocking had no alternative but to pass the property in. A knowledgeable observer spe...

Crowd Numbers: 50 people
Bidderman: 0 bidders
 

35 Philipson Street ALBERT PARK

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Lower risk as established precinct
Lower risk established look
Area distance from CBD

Concerns

Limited Backyard
South facing rear (negative light issues)
Bathroom no ensuite
Poor car garaging
Mal James
Mal James
0408 107 988
[email protected]

Comments on 35 Philipson Street ALBERT PARK

A rare double-fronted home for the area, this property looks very inviting from the street. A symmetrical period façade provides some promise as you approach the entrance. The four bedrooms positioned either side of the hallway are ample accommodation for a family; all have robes and a fourth bedroom in a home of this vintage is a bonus for the location. What is lacking is an ensuite – a family needs to make do with one centrally-located bathroom. All the wet areas are stacked side-by-side, which is relatively functional, even if it is not the most exciting floorplan. The back section of the home was an addition circa 1960s. It feels a bit tired and some would look to ways of bringing it into the 21st century. The living area could be opened out to create a more appealing family zone without breaking the bank. The elephant in the room though is the lack of a rear yard. The land at the back of the property was carved off when sub-divided and it is only a couple of metres before you reach the back fence of number 35. This has compromised the property with regards to parking, which has been reduced to on-street only. The location is unquestioned though. Moments to the water and the delights of Vic Avenue, the property may be an option for the investor; a simple tidy up all that is required.


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4
Bedroom
2
Bathroom
0
Parkings
415sqm
Land Area
Floor Plan Agent

Sold - 12:30 pm Jun 1 2013

Quote $2,000,000+

East 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.