11 Parlington Street CANTERBURY

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Higher risk as newer precinct
Good area pricing range meaning lower risk on resale

Concerns

Poor rental prospects
Requiring significant additional cash to purchase price
Significant slope issues
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 11 Parlington Street CANTERBURY

Sensational location that has been getting some very strong prices of late due to a combination of overseas and local demand.

This home has some real plusses in the facade, land size, street frontage and a real compromise when you look at the slope and the renovation required to bring this up to scratch. 

It's hard for me to see the connection between indoor living and outdoor without steps and there-in for me lies the big question for a buyer.

Rated as needing a serious renovation.

 

JAMES AUCTION REPORT 12.8.17

Agent Quote: $3,300,000 - $3,500,000

Result: Passed in on a Vendor Bid of $3,250,000

Crowd: 80

Bidders: 0

What Happened: Quiet auction here, no bidding. Auctioneer Steve Abbott placed 4 Vendor Bids, $3,000,000, $3,100,000 - half time - $3,200,000 and final Vendor Bid of $3,250,000 when home was passed in.


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4
Bedroom
2
Bathroom
3
Parkings
855sqm
Land Area
Floor Plan Agent

Private Sale

Quote $3,300,000 - $3,500,000

West Facing

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