29 Thomas Street
PASSED IN - $2,500,000
With great anticipation I jumped into my car and headed towards Windsor, the atmosphere-soaked end of Chapel Street, for my first auction of the 5th ever biggest auction Saturday recorded by the REIV. This industrial-styled Victorian property had been transformed from a plaster factory and had caught my imagination. I was very eager to see it up close. A ...

Crowd Numbers: 30 people
Bidderman: 0 bidders
 

29 Thomas Street WINDSOR

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
Other properties in the street could be a negative issue
Possible negative noise impact
James Home Ratings
James Home Ratings
03 9804 3133
enquiry@james.net.au

Comments on 29 Thomas Street WINDSOR

This is indeed a rare offering – an 1880 Victorian factory that has undergone a quality renovation, with third floor views over Melbourne, and Chapel Street shops and cafes. The current floorplan provides for a substantial home office/showroom on the ground floor, three bedrooms on the second floor and a kitchen/family room on the third floor. This layout may appeal to buyers wanting to run a home-based business close to all the action, but still having all the essentials needed in a family home, except an outdoor playing area. On the other hand, the property's floorplan works well for teenagers, with the second living area providing flexibility and separation. Older children and those at university will enjoy the property’s proximity to public transport and its central location to popular Chapel Street. Concerns for those living in the property are the lack of on-street parking. There is a garage, but it is unlikely to fit two family cars. The lift from the garage allows you to unload shopping or children directly from the car up into the house. The third floor kitchen/family room is the stand-out room for me, as its northerly orientation and large deck gives it a bright and airy feel and has great views over the roof tops to the city beyond. Its proximity to Swinburne University creates a busy street environment 24/7 and its higher price may have contributed to the property not selling last year with another agent.


Be with James

Would you like to talk to us about finding or negotiating on your next home?
We buy 100 homes for our clients every year.
We buy Inner East and Bayside over $2m.

3
Bedroom
2
Bathroom
1
Parkings
150sqm
Land Area
Floor Plan Agent

Sold - 11:00am Mar 23 2013

Quote $2,500,000+

East Facing

Full James Rating Sheet

Be with James

Would you like to talk to us about finding or negotiating on your next home?
We buy 100 homes for our clients every year.
We buy Inner East and Bayside over $2m.