17 Cowper Street SANDRINGHAM

Benefits

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

Concerns

Requiring significant additional cash to purchase price
Limited Backyard
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 17 Cowper Street SANDRINGHAM

This in my opinion is a AAA investment due to location to train and shops and WATER, rentable as is and low maintenance (STBI), but you're not really paying for home - so brilliant land content as it is and the actual land itself is proud and north"ish".

 

The future demand (buyers) can be anybody from an entry level buyer to a home developer and all in between from downsizer to family and children.

 

They don't come much better than this - except maybe a bigger development option or if it was period already - but then you may have heritage restrictions which subject to sighting contract and STCA I cant see an issue on a long term new build - of course there are some special development overlays that also need consideration in relation to this block and neighbours.

 

Rated as land only


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Douglas

HAWTHORN EAST

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3
Bedroom
3
Bathroom
0
Parkings
415sqm
Land Area
Floor Plan Agent

Private Sale

Quote $1,425,000

North Facing

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