10 Grafton Street ELSTERNWICK

Comments on 10 Grafton Street ELSTERNWICK

For buyers wanting to undertake renovation work, there is plenty to do at 10 Grafton Street Elsternwick.  The major renovation that is required may be daunting for some buyers. Yet the house is timber, which means you get a lot more bang for your buck compared to brick. And importantly, the facade is a classic one - and how good will the front look with a new veranda, paint job and a new fence! The position of the house on the block is good, as the property sits slightly proud of the street. With the block sloping from the back to the front, however, some terracing work may be necessary in the backyard. Whether you decide to extend up or extend outwards (STCA) will be the big decision. The position is very good for family buyers, with a number of private schools, public schools, shops, parks, cafes and public transport options all within walking distance. With the recent sale of 12 Grafton on the 30th of June 2012 for $1.6m, it’s difficult to see you over-capitalising unless you get it totally wrong.