36 Urquhart Street
PASSED IN - $3,200,000
No action on the street after Walter Dodich opens bidding at $3,200,000. A vendor referral and then another opportunity to come forward again supplies no takers. With the property passed in, a couple from the crowd enter the home with auctioneer Mr Dodich while agent Steven Rode talks to those that remain on the street....

Crowd Numbers: 38 people
Bidderman: 0 bidders
 

36 Urquhart Street HAWTHORN

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

Significant slope issues
South facing rear (negative light issues)
Interrupted floor levels
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 36 Urquhart Street HAWTHORN

Position: This is Hawthorn on biggish land and it's near everything - on the Glenferrie Rd spine to many schools, safe walk to Glenferrie Station, access to freeway, shops etc

Property: Whilst 36 is far from a classic, it is a home with a lot of really nice features - trees - back park - living room to the east before rear living areas is a beautiful room.

Good flow and almost two masters and two more bedrooms. Three living rooms plus a meals and kitchen area

The sunken loungeroom is very much a yesteryear fad, but it's another very useable kids management playroom or a curl up in front of the fire on a winters night.

36 has a real homey feel about it 

Yes, it's sloping and slightly irregular at rear and south but in this case, they seem not so important

Garaging is a tandem carport. Gardens are established and complimentary to architecture.

This is a feel-good home that I like.

Price:

1) I think of Urquhart as cheaper Hawthorn - this would be $4m plus on Scotch Hill or Grace Park and yet it has a similar amenity to those estates.

2) The property makes sense to like it as is - with some cosmetics - and why wouldn't you - but if you look at spending more and more on a serious reno then the numbers cease to stack up, as this is not a classic that can hold a big reno - this is quirky and a sensibly priced family home whilst you stay close to land value

3) This is not overpriced Urquhart even in this market 

 

 

Rating comments from 2012:

Urquhart Estate has proved improved increasingly popular with buyers over recent years.

This is mainly due to its price point, relative to its overall position - more affordable family area than Grace Park or Scotch Hill, and is close to Glenferrie Road with easy access into the city via Riversdale Rd and public transport.

The precinct itself is largely protected by Heritage overlays, which should underpin capital growth.

However, you do need to be a lover of c1920/1930s architecture. The house offers a couple of options: the bedroom separation is good and the plan overall works OK so you could live in it now as is. Or you could update it over time. The kitchen and open plan rear areas are on the small side. The highlights for me were the block privacy and a tranquil garden setting that embraces the house. This should go well, although the light fundamentals of a south facing rear and hill position are of some concern.


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Your professionalism, judgment and communication with us was exemplary. Many thanks Gina. I can‘t begin to tell you how impressed Marika are with all of the work that you and Mal did for us in the past week. Your professionalism, judgment and communication with us was exemplary. We would not contemplate buying in Melbourne without your guidance. Chris

Marika & Chris

KEW

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4
Bedroom
3
Bathroom
2
Parkings
814sqm
Land Area
Floor Plan Agent

Sold - 11:00 AM Aug 25 2018

Quote $3,250,000

South Facing

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