26 McIlwrick Street
BOUGHT* - $1,675,000
Around 60 people gathered to watch the auction of this Prahran property, with many locals arriving late to see what would transpire. Andrew McCann was auctioneer and he suggested an opening bid of $1,400,000. An offer of $1,300,000 came from the crowd, which was accepted by Mr McCann and we were away. At $1,610,000 the home was announced on the market - wit...

Crowd Numbers: 60 people
Bidderman: 3 bidders
 

26 McIlwrick Street PRAHRAN

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
Higher risk as newer precinct

Concerns

Adjoining properties could be a negative issue
South facing rear (negative light issues)
No separate laundry
Poor car garaging
Randall Smith
Randall Smith
0457 835 255
[email protected]

Comments on 26 McIlwrick Street PRAHRAN

The real highlight of this Windsor end of town home is the surprisingly large block. It’s hard not to be taken with the garden setting at the back, where the mature plantings and a private feel bellies the fact it is located in the inner city environs. Beyond the garden is room for one or maybe two cars - such is the width and depth of the land (380 square metres). There is no carport, though this could be rectified (STCA), and you could add some more storage capacity while at it.

Inside, the home itself has two strong spaces, aside from the more standard fare, with a large living area at the rear that takes in views to the garden, and the main bedroom, which has cleverly incorporated quite a good ensuite and walk-in robe - although it has sacrificed a secondary living area to do so.

This one-way street is a quiet one and if you can get past the adjoining properties (a basic home on one side and the backs of a row of terraces on the other), this hidden double-fronter has quite a bit to recommend it for young family buyers or professional couples. The proximity of ‘three Ps’: park, primary and secondary schools and public transport, all a couple of minutes walk away, as well Chapel St shops and restaurants, could help ensure that this home serves as a longer than five year hold.


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3
Bedroom
2
Bathroom
2
Parkings
380sqm
Land Area
Floor Plan Agent

Sold - 11:00 am Mar 29 2014

Quote $1,400,000+

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.