3 Mowbray Street HAWTHORN EAST

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

Limited Backyard
Poor On Block Position
Interrupted floor levels
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 3 Mowbray Street HAWTHORN EAST

Considering this is 25 years old (says agent) - it feels like it was built yesterday, the sign of a quality build - yes the renovations are very new.

It's all about angles, angles and more angles.

Do the angles work for you? It sits on the block unusually and some would say awkwardly. Due to the fall of the land, there are a few steps - the living areas are not located formulaically at the rear, being to the front and more central.

I have seen this layout in Asia a fair bit - where the entertaining is all at the front and the sleeping and kitchen is at the rear and upstairs.

So for some the layout will be of interest and it should be - upstairs and multiple masters is again unusual - but I like it. Whilst upstairs - the views are good but dependant on your westerly neighbour remaining single level.

For me, it does feel a high maintenance home. The location is good, orientation is good and although the layout has not taken full advantage of these, it is a solidly built home and it will attract some interest from specific buyer groups.

I'ts a bells and whistles home for the buyer - so to price - sold for about half this asking price 4 years ago - which is now getting onto the pointy side at $5m - but feels possible. 


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What our clients had to say about James

The value they offer is immense, their understanding of the Melbourne property landscape and ability to identify excellent houses is first rate. We are so thrilled to have found James Buyer Advocates and would readily recommend both Gina and Mal to prospective buyers. The value they offer is immense, their understanding of the Melbourne property landscape an ...more

Tom & Angela

BRIGHTON

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5
Bedroom
3
Bathroom
2
Parkings
766sqm
Land Area
Floor Plan Agent

Sold - 10:30 AM Sep 16 2017

Quote $4,500,000 - $4,950,000

North Facing

Full James Rating Sheet

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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.

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Homes We've Bought

What our clients had to say about James

The value they offer is immense, their understanding of the Melbourne property landscape and ability to identify excellent houses is first rate. We are so thrilled to have found James Buyer Advocates and would readily recommend both Gina and Mal to prospective buyers. The value they offer is immense, their understanding of the Melbourne property landscape an ...more

Tom & Angela

BRIGHTON

Read all testimonials