BOUGHT* - $1,060,000

It's always nice when there is a cheeky opening bid. In this case the opening bid of $800,000 was met with a large rise of $160,000 when Nick West exercised his right to a vendor bid. 100 People in the crowd, but they must have just been enjoying the sunshine as there were only two bidders. The property passed in for $1,020,000 and after negotiations failed ...

Crowd Numbers: 100 people
Bidderman: 2 bidders

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5 Birkenhead Street FITZROY NORTH

Item: 5 Birkenhead Street FITZROY NORTH
Rating: 619
Author: Simone Clarke

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

Restricted or no car access

Simone Clarke
0400 304 111
[email protected]

Comments on 5 Birkenhead Street FITZROY NORTH

Simple yet stylish single fronted period dwelling with a second storey extension. Located in the heart of Fitzroy North everything is within walking distance including; trams, shops, cafes, bars and last but not least Edinburgh Gardens. The recent extension and renovation complements the underlying land value and the design is very functional. Three bedrooms, two bathrooms (both appropriately located) kitchen & living flow well to the rear court yard. The property does not have off street parking and the outdoor space is rather limited. Suitable for investors or small families.

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3 Bedroom	2 Bathroom	0 Parkings	123sqm Land Area
Floor Plan	Agent	Sold - 1:00pm May 22 2010	Quote $960,000	West Facing

Assess Question: Is this property a good home?