BOUGHT* - $1,602,000

The constant drizzle of rain brought the 60 or so neighbours inside this corner period home in anticipation of a sale price, but they were to be disappointed. As members of the crowd manouvered for positions in the living areas, hallway and even spilling onto the front porch, auctioneer Steve Abbot provided his opening spiel. The auction opened on a vendor ...

Crowd Numbers: 60 people
Bidderman: 1 bidders

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9 Cross Street CANTERBURY

Item: 9 Cross Street CANTERBURY
Rating: 631
Author: Simone Clarke

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Excellent land content as proportion of price

Lower risk as established precinct

Lower risk established look

Concerns

Requiring significant additional cash to purchase price

South facing rear (negative light issues)

Simone Clarke
0400 304 111
[email protected]

Comments on 9 Cross Street CANTERBURY

Solid 1930's home in good order which is ripe for renovation and extension. Block is good, although south facing and not overly wide, it is deep and the hill position accentuates street presence of the façade. Being within a casual walk to Maling Road is a huge plus and will underpin value, making any blood, sweat and tears coming at the cost of renovation all worthwhile as time goes on. Rated for Land Only, as most would acknowledge there is work ahead.

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3 Bedroom	1 Bathroom	2 Parkings	838sqm Land Area
Floor Plan	Agent	Sold - 1:00pm Mar 3 2012	Quote $1,600,000+	South Facing

Assess Question: Is this property a good home?