BOUGHT* - $1,190,000

Almost tropical storm weather brought this by-the-beach auction inside. Around 40 gathered around the open living area as Auctioneer Oliver Bruce took centre stage. He got things started with a vendor bid of $1,120,000 and was unable to stir any action from the reluctant crowd. The property passed in and the crowd quickly dispersed to find their next shelter...

Crowd Numbers: 40 people
Bidderman: 0 bidders

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4 Reed Street ALBERT PARK

Item: 4 Reed Street ALBERT PARK
Rating: 619
Author: Simone Clarke

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Seemingly low additional cash required after purchase

Minimal ongoing outgoings

Lower risk as established precinct

Concerns

South facing rear (negative light issues)

Touches other properties

Poor car garaging

Mal James
0408 107 988
[email protected]

4 Reed Street ALBERT PARK was reviewed on 10/08/2010.

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3 Bedroom	2 Bathroom	1 Parkings	148sqm Land Area
Floor Plan	Agent	Sold - 10:30am Sep 4 2010	Quote $1,100,000 - $1,200,000	West Facing

Assess Question: Is this property a good home?