48 Outer Crescent BRIGHTON

Comments on 48 Outer Crescent BRIGHTON

This property is not for the faint hearted, with most buyers looking to tackle an imminent new build or serious renovation. It's about three things: 1. Location - a prominent Brighton address with a north facing rear; 2. Location - walking distance to shops, restaurants and station; and 3. Location - surrounded by some of Brighton's best schools. For a small few, being opposite Firbank may be an issue. There will be parking congestion at drop off and pick up times, but the street is wide and it is only a short period of time. While the current home is comfortable and may suit your needs in the short term, the floorplan is awkward. Somewhere along the line, work will need to be done and decisions will need to be made regarding renovation costs vs new build costs. Buyers may wish to familiarise themselves with the Council zoning of the properties on the northern boundary (Bay Street properties) to ensure they are comfortable with what can and can't be done regarding possible future developments that may impact on 48 Outer Crescent at some stage. There may be two types of buyers looking at this property - those in the early $1 millions (happy to live in as is) or the buyer with an overall budget for land-and-build or land-and-renovate between $2-3 million. This will be one to watch, with the results likely to set the scene for land prices moving into 2013.