22 Urquhart Street
BOUGHT* - Undisclosed
A smaller crowd turned up to this Urquhart auction than the previous one we were underbidders at a month or so ago - and while the location is identical and land size similar, the home is not a patch on the previous untouched beauty. At a quote of $1,500,000 plus there should be some tempted and it does have an interesting facade - but it's south facing, dif...

Crowd Numbers: 60 people
Bidderman: 4 bidders
 

22 Urquhart Street HAWTHORN

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Minimal ongoing outgoings
Higher risk as newer precinct

Concerns

Requiring significant additional cash to purchase price
South facing rear (negative light issues)
Simone Clarke
Simone Clarke
0400 304 111
[email protected]

Comments on 22 Urquhart Street HAWTHORN

22 Urquhart is an interesting proposition. Façade is in a unique one; distinct and charming if you are a lover of the English style. Front rooms carry the theme through well, yet rear areas and first floor rooms are utilitarian at best and require modernisation. Backyard is flat, private and a good size, yet is south orientated and adjoining double-storey is obvious. Recently this street tends to attract good buyer interest, possibly because in the eyes of many it is well positioned and offers good land holding at a discounted price, compared to other parts of Hawthorn. Some houses we see do not have the intrinsic building quality to support the risk and dollars needed for a full renovation, but I don't think this is case here. Rated for Land Only, as most will see work ahead.

 


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4
Bedroom
2
Bathroom
3
Parkings
745sqm
Land Area
Floor Plan Agent

Sold - 11:30am Apr 28 2012

Quote $1,600,000+

South 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.