16 Stradbroke Avenue
BOUGHT* - $7,805,000
Forget about the US Open beginning in a couple of days, the action was here at 16 Stradbroke. Auctioneer John Bongiorno took center court, kicking things off with a Vendor Bid of $5,500,000 and we saw the beginning of one of the most powerful auctions I have witnessed. It was even somewhat comical that the first bidders were on opposite sides of the court...

Crowd Numbers: 60 people
Bidderman: 4 bidders

16 Stradbroke Avenue TOORAK


Higher positional potential for long term growth
Growth above average metro in last decade
Higher risk as newer precinct
Good area pricing range meaning lower risk on resale
Area distance from CBD


Poor rental prospects
Requiring significant additional cash to purchase price
South facing rear (negative light issues)
Mal James
Mal James
Principal Buyer Advocate
0408 107 988

Comments on 16 Stradbroke Avenue TOORAK

Had a couple of reincarnations in recent times - including a reported sale within the price range earlier this year.

What you see is what you get - if you are cool with the neighbours - meaning this is obviously connected to one of them - so are you going to get the guarantees you can build what you want to build (STCA) without neighbourly disputes.

It's a plain block - crossover, good street frontage and seemingly free of legal impediments (according the agent) of restrictive overlays, covenants and easements - but I have not viewed paperwork.

South rear - a negative if you are planning double storey - no real issue if single level.

Great street in an area that has monstered the average growth rates over the last decade.

For architectural, full value and bidding strategies contact Mal James on 0408 107 988.

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Land Area
Floor Plan Agent

Sold - 12:30 PM Aug 26 2017

Quote $5,500,000 - $6,050,000

South Facing

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