40 Sussex Street, BRIGHTON
MAY 19TH 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 55% on the 31 auctions we attended, down on last week. The Weekly Review Bidderman, our demand indicator, was steady at 1.6. Market Summary: From the results over the past few weeks, it could be easy to conclude that the market is a bit all... Show Full Story
BUYER TESTIMONIAL
I spent 6 months looking for a suitable property for my folks and you found a fantastic one in two weeks. Dear Mal how can I thank you for all help. I spent 6 months looking for a suitable property for my folks and you found a fantastic one in two weeks. Thank you again for your advice & professionalism & for the beautiful flowers & card. The property i...
Ornella & Eric Mourant
brighton east
We are government licensed Buyer Agents.
BOUGHT* - $3,250,000
3
2
4
712sqm
Auction - 12:00pm Feb 27 2010
40 Sussex Street BRIGHTON
RATED
Jan 31 2010
Jan 31 2010
Mal JamesMal 's Comments on 40 Sussex Street, BRIGHTON
"Brighton's Diamond kilometre; one of Melbourne's 6 "has it all" beach precincts and in my humble, completely biased opinion; easily the best. Walk to train, Church Street shops, cinema and beach - Golden mile Brightonites, your good but you can only walk to the beach easily for the most part. Sussex street is the street within this precinct and no 40 is one of the more affordable, due to land size and home value but it's still going to start at $2.5m and then get interesting from there. The home itself is a "Caulfield special", which as I get longer in the tooth I learn to appreciate more - flat roof, solid build, bedroom separation from living areas but at the cost of rear indoor/outdoor flow. Everything revolves around the central kitchen. Not really a modern day home but would work brilliantly for those in retirement mode or those who just simply like this design. The quality is there but you will have to compete against the developers because this is also a "builders special" and it's hard to overcapitalize in Sussex street unless you're an idiot as growth in this part of the world has been at Melbourne's forefront for decades, almost centuries - my how time flys. Good property this one for many different buyers hence why at auction there will be many different bidders. Good luck."
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Property Analysis Summary of 40 Sussex Street, BRIGHTON
Suitable For
Older Single/Couple
Basic Home Buyer
Major Renovator
Land Only / Bulldozer
Concerns
Poor Cash Characteristics
Benefits
Good Area Growth 25 years
Excellent Land Content
Great Street
Distance from Water
Car Access
Quiet
27th Feb 2010 - Auction Report - 40 Sussex Street, BRIGHTON
BOUGHT* - $3,250,000
A good result from keen bidders in front of a large crowd of around 100 people. Auctioneer Stewart Lopez accepted an opening bid of $2,600,000 and the property was soon on the market at $3,250,000, subsequently selling at that price....
Crowd Numbers: 100 people
Bidderman: 4 bidders
Crowd Numbers: 100 people
Bidderman: 4 bidders
Property Characteristics of 40 Sussex Street, BRIGHTON
Price
Bought*
$3,250,000
Selling Agent
Alex Schiavo
Agency
Kay & Burton
Initial Agent Quote
$2,500,000+
Price Imp.Sqm
$4,565 /isqm
(bought price)
(bought price)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
712 sqm *Approx
Rear Light
East
Style
Basic
Cladding
Brick
Storeys
Single
Position
Area
BAYSIDE
Suburb
BRIGHTON
Location map of 40 Sussex Street, BRIGHTON
Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
860
$0
891sqm
5
4
6
Above Average
Quiet, Leafy, No Traffic
782
UNDISCLOSED BOUGHT PRICE
$0
756sqm
5
4
4
Above Average
Quiet, Leafy, No Traffic
768
UNDISCLOSED BOUGHT PRICE
$0
825sqm
5
3
4
Above Average
Quiet, Leafy, No Traffic
713
UNDISCLOSED BOUGHT PRICE
$0
798sqm
4
3
5
Average
Quiet, Leafy, No Traffic
Explanations & Disclaimers
Bought* - Indicates property has been bought. We are a buyer rating company and a buyer advocate company only, and we use the word bought instead of sold to give the website a buyer flavour. We do not buy all the properties listed on this website, therefore we often rely on an advertised price or the selling agent to indicate the bought price and occasionally the result may be inaccurate.