4 Weir Street
BOUGHT* - $3,200,500
The crowd sprawled out over the sun-filled courtyard for today's auction conducted by Scott Patterson. Mr Patterson asked for an opening bid from the crowd, but there were no takers. So Mr Patterson got the ball rolling with a vendor bid of $2,900,000 and asked for a $50,000 rise. We didn't have to wait very long for Bidder 1 to raise their hand, but with fu...

Crowd Numbers: 40 people
Bidderman: 2 bidders
 

4 Weir Street KEW

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4 Weir Street KEW

Benefits

Above average land size
Quiet and peaceful
Wide Street Frontage
Good access and flow to outdoors
High ceilings

Concerns

Poor street presence & facade
Interrupted floor levels
Uninviting entrance
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 4 Weir Street KEW

It's a freshly painted basic practical family home built in the mid 80's to a mid 70's feel - except has larger rooms than a 70's design.

Three things stood out for me - the quality of the master bedroom and the positioning of the home to take in the north light and while it was a cheap build, it is a smart, safe and practical buy. If $3m and some is your budget.

While there is a lot of value in the home in the sense of little to do to it - there is not much value in the home in terms of the overall price - eg 20% of the value, meaning 80% plus of the value is in the land.

With land hitting north of $3000 per sqm in the area, this home should go over $3m and due to its nature (no heritage according to agent) it is in the wheelhouse of Asian and Aussie-Asian buyers.

Plain and simple and really it's a price buy - but a good one that makes sense to me as in time you could bulldoze and build and the street and precinct is improving - due to access to schools and the rapidly increasing prices of nearby Sackville Ward.

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What our clients had to say about James

we know we would not have made the decision without your input. . Dear Gina, We are very grateful to you for your work last week - we know we would not have made the decision without your input. We are very confident that we have made the right choice and are very much looking forward to settling into the house. We will certainly be recommending James Buyer ...more

Toni & Rupert Sherwood

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5
Bedroom
2
Bathroom
2
Parkings
842sqm
Land Area
Agent

Sold - 11:00 AM May 27 2017

Quote $3,000,000 - $3,300,000

East Facing

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