36 Havelock Road
PASSED IN - $5,250,000
Auctioneer Doug McLauchlan spoke eloquently to his audience spread around all of corners of the back yard. After a vendor bid at $5,250,000 no further action was recorded....

Crowd Numbers: 70 people
Bidderman: 0 bidders
 

36 Havelock Road HAWTHORN EAST

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
Seemingly low additional cash required after purchase

Concerns

Significant slope issues
Interrupted floor levels
Tight doors/hallways/stairs
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 36 Havelock Road HAWTHORN EAST

Property

From the street the home looks a little plain – it sits down

There’s many levels as it has a significant slope – but it’s been well handled although it’s a mitigation, not an elimination

Inside it has a real feeling of space. However, looking from the rear back through home it does feel a little regimented and pokey - just a tad - the hallway to the south is not great

There’s a Master bedroom both  upstairs and downstairs

The rear living area really works for me

The home is big and whilst not an architectural classic, it is well built on first glance and has some class

Position

It’s on a street which does carry some traffic and it is on the lower side. There are some significant homes on good blocks here and there’s good access to Camberwell junction, freeway and tram

The T intersection is a no for feng shui buyers of which most for this area are Chinese buyers and they would have been a significant market segment of interest in previous few years

Price

Whilst it is big on land and big on home, in this market. in this position it is big on price - meaning not a lot of homes in this immediate area go for the seller's desired price irrespective of the characteristics and quite possibly the key segment OS Asian buyers would have limited interest.

This is worth a look IF the area is acceptable to you.

 


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.

What our clients had to say about James

Craig knew that we had the deal team to make this decision. . Dear James, I am in utter amazement at the manner in which your team executed this process. Brenda and I keep going over the boardroom auction experience and your every move was calculated and definitive. That final $10k just blew the other bidder out of the water. I just looked at you and n ...more

Cindy & Craig

BRIGHTON

Read all testimonials

5
Bedroom
3
Bathroom
8
Parkings
1,099sqm
Land Area
Floor Plan Agent

Sold - 2:30 PM Oct 27 2018

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

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.

Click here to see

Homes We've Bought

What our clients had to say about James

Craig knew that we had the deal team to make this decision. . Dear James, I am in utter amazement at the manner in which your team executed this process. Brenda and I keep going over the boardroom auction experience and your every move was calculated and definitive. That final $10k just blew the other bidder out of the water. I just looked at you and n ...more

Cindy & Craig

BRIGHTON

Read all testimonials