1/31 Ferncroft Avenue MALVERN 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

Below average land size
Touches other properties
Only one living area
Poor kitchen position
Mal James
Mal James
0408 107 988
[email protected]

Comments on 1/31 Ferncroft Avenue MALVERN EAST

Fronting Ferncroft Avenue, this is 1 of 4 townhouses in the complex that has a private feel about it. A bright and airy property that has been fully refurbished, the location and floorplan this home offers could attract some interest from families with older kids attending school in the area, with busy parents looking for low maintenance. The stairs to the bedrooms located upstairs means that smaller kids may struggle, and no main bedroom the lower level might discourage the older downsizers to some extent. Hedgely Dean park just down the road offers some really great outdoor space if required, and just a bit further is Central Park with some great cafes and shopping at the Wattletree Road/Burke Road intersection. Nothing needs to be done to this home to move in and begin living straight away. If you do need trains and trams, trams and Darling station are not too far away, although it might be a good idea to check the distance. However, reasonable access to the Monash and Princes Freeways is achievable, and you have the double garage to put both your cars in when you get home which is a plus. Sold  in 2012, buyers will need a good read on the market for these types of properties to gauge how much movement there has been then in demand for low maintenance homes in quality areas of Malvern East.

 


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3
Bedroom
2
Bathroom
2
Parkings
217sqm
Land Area
Floor Plan Agent

Passed In - 12:00 pm Apr 5 2014

Quote $1,300,000+

West Facing

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Advice that Matters

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