1/21 Heatherbrae Avenue CAULFIELD

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Good rental prospects
Minimal ongoing outgoings
Higher risk as newer precinct

Concerns

No obvious concerns on first impression
Mal James
Mal James
0408 107 988
[email protected]

Comments on 1/21 Heatherbrae Avenue CAULFIELD

Sitting on its own land, with no body corporate and at the front of 2 only, this type of single level home is rarely built nowadays. This one is walking distance to tram, train, shops, parks and schools so will appeal to singles, coupes, young families, single parent families and downsizers, as well as investors.
 
Most buyers will consider this move in ready although some may plan a future cosmetic lift which will value add here as the floorplan has good flow and walls do not need to be removed. A new front fence all the way across the driveway would add to the security plus make the front yard larger and more entertainer/family friendly and a deck uniting the dining room and garage doors would eliminate the only steps here. Additionally, a door could replace the cupboard at the entry to allow direct access into the home from the garage.
 
Everything is in the right place as the bedrooms being at the back of the floorplan provide more privacy and security and the separation of the dining and living rooms means they can be 2 different meals/living areas as they are of above average size. The garage is extra long allowing for added storage and being at the front, provides ease of access from the street.
 
This neat, small home is the type that appeals to a broader range of buyer profiles and so, should have competition now and in the future if/when you choose to sell it, which you may not as the location is practical.


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James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.

3
Bedroom
2
Bathroom
2
Parkings
231sqm
Land Area
Floor Plan Agent

Sold - 11:30 AM May 13 2023

Quote $1,100,000 - $1,200,000

West Facing

Full James Rating Sheet

Advice that Matters

James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.