50 Mountain Street SOUTH MELBOURNE

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Good rental prospects
Seemingly low additional cash required after purchase
Lower risk as established precinct

Concerns

Adjoining properties could be a negative issue
Low and/or mixed ceiling heights
Mal James
Mal James
0408 107 988
[email protected]

Comments on 50 Mountain Street SOUTH MELBOURNE

In this part of the world every centimetre counts and when you find a property with nearly 200 sqm of land everything seems that much larger. With a 6 metre (approx) frontage, the bedrooms and hallway have a nice open feel so often missing from properties with the more usual 5 metre frontage. The stairs to the upstairs extension are tucked in behind the kitchen and haven’t been made a feature, which is unusual in this type of renovation. I actually like it because it gives the kitchen/family room a less cluttered feel, as the stairs don’t interrupt your line of sight. The height of the ceilings in the rear extension may however concern some buyers as they are a little low. Rear access via Little Lyell Street is excellent and will allow you to park your car off the street if you wish. Mountain Street does carry some traffic, as drivers use it as a cut through to Pickles Street and, while I didn’t notice any traffic noise from inside the property, it was obvious when standing in the street. Victorian terraces with good accommodation were popular in South and Port Melbourne prior to Christmas and if the price is right you would expect competition for this on the day.

Mal James's Comments on 50 Mountain Street SOUTH MELBOURNE


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4
Bedroom
3
Bathroom
1
Parkings
199sqm
Land Area
Floor Plan Agent

Sold - 1:30pm Feb 23 2013

Quote $1,500,000 - $1,600,000

North Facing

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Advice that Matters

James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.