4 Kendall Street ELWOOD

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Higher risk as newer precinct
Good area pricing range meaning lower risk on resale

Concerns

Proportions/quality of living/dining room
Kitchen needs work
Not enough bathrooms
Bathrooms need work
Bathroom no ensuite
Poor car garaging
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 4 Kendall Street ELWOOD

In a nutshell this is a super brilliant, in need of a light reno, exquisite period Elwood offering that should rock - on past the quote no problems at all, with multiple bidders. 

One of the better circle $3m offerings I have seen in Bayside a while - great bones and you can live in now and save if you've spent it all securing it - or you could lightly or heavily renovate depending on your desires - be a little careful on how heavy you renovate, as this is still Elwood B and resales no matter how good don't sail easily on the breeze past $4m all that often.

Love the potential here. I've rated it as a serious reno.


JAMES AUCTION REPORT 12.8.17

Agent Quote: $2,500,000 - $2,750,000

On Market: $2,915,000

Result: $3,175,000 Bought, under the hammer

Crowd: 90

Bidders: 3

What Happened: Auctioneer Kaine Lanyon opened with a vendor bid of $2,500,000. No sooner had he put it forward when bidders one and two quickly offered $100,000 each. Bidding was swift ranging between $1000 and $100,000. Bidder 3 came in late in the game and held onto the last bid at $3,175,000. 

James Value Analysis: Expected result - good home.


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4
Bedroom
2
Bathroom
2
Parkings
558sqm
Land Area
Floor Plan Agent

Sold - 12:30 PM Aug 12 2017

Quote $2,500,000 - $2,750,000

West 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.