BOUGHT* - $1,720,000

A brick three bedroom, a hop skip and jump from the Turtle cafe, draws a good crowd of 60. Auctioneer Tony Pride, in his inimitable style, races through the preliminaries and then in dramatic gesture thwacks the board to emphasize his point that LAND is what’s important and there is plenty of it on offer here. When he casually says the house is in “or...

Crowd Numbers: 60 people
Bidderman: 4 bidders

Read the full report

100 Broadway ELWOOD

Item: 100 Broadway ELWOOD
Rating: 663
Author: Mal James

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

Area distance from CBD

Concerns

Requiring significant additional cash to purchase price

Mal James
0408 107 988
[email protected]

Comments on 100 Broadway ELWOOD

Elwood Village is footsteps away. Elwood Secondary College and the beach are walking distance. But there is a block of apartments next door -but they're separated by a laneway which in turn provides triple car access to this property. This is a development opportunity. Flexibility in design will be needed as there is a double storey building on the north as well as a minimal width but long block.

Overall this feels like a reasonably private block if you want to redevelop rather than renovate the existing home so for those who like to research and plan, it may be time to get started.

Rated as Land only.

Your enquiry has been successfully submitted.
You will be hearing from us soon!

Please ensure that you have entered your name, phone number, email address and selected at least one of our services!

3 Bedroom	1 Bathroom	2 Parkings	627sqm Land Area
Floor Plan	Agent	Sold - 11:30 am Feb 14 2015	Agent Declined Quote	West Facing

Assess Question: Is this property a good home?