123 Roslyn Street BRIGHTON

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
Minimal ongoing outgoings

Concerns

Possible dating issues
Poor street
Significant slope issues
South facing rear (negative light issues)
Mal James
Mal James
0408 107 988
[email protected]

Comments on 123 Roslyn Street BRIGHTON

123 Roslyn
 
Sometimes, you run into a home that defies all the odds and has a result that surpasses what one could reasonably expect, and 123 is such a home.
 
Position: Overall, it is surprisingly good in reference to the train, Church St shops, cinema, schools (public and private, primary and secondary), and the rest Brighton has to offer.
 
Drilling down, it's on a corner with a south(ish) rear, and a laneway runs along its boundary. Additionally, it’s a sloping and irregular block – in many ways, what more could be a negative as far as a blank canvas goes – not much in my opinion – BUT wow, what a finish.
 
I really don’t want to go through all the rooms and detail because, for me, getting caught up in the minutiae of detail misses the big picture of feeling, flow, and light – even though it is the detailed and extensive thinking, planning, and action (those 1%’ers) that make 123 what it is today – exceptional.
 
This home should be an award winner in the category: how to start with something less than average and, with skill, make it far better than average.
 
So why hasn’t it sold? Price – not really. It is a home that could attract a big number – it hasn’t sold because the Brighton market currently is so poor, and those at this part of the food chain are only interested in absolute bargains. In a hot market where competition was more plentiful, this feels like it's the sort of product that could heat up in the bidding.
 
So, is there anything negative about this home, Mal? Yes, it will not be the world’s greatest investment because the land is poor and there are no real future development alternatives. Therefore, the home that is now brand spanking new is at its most appealing, but when the gloss fades and the next shiny new one comes along, 123’s lustre will fade.
 
BUT in my opinion, you will have lived a life of emotional expansion in a wonderful space.
 
AND the home will still have those spaces, the flow, the feel AND location. THIS is as good as it gets for, say, a bachelor pad, a trendy couple, or a teenager, young adults family that is not on the beachfront or in an apartment in the middle of Church St action. It's classy without the premium price tag of Brighton’s most expensive.
 
THIS IS WHAT YOU ARE BUYING – A LIFESTYLE: Understand you are buying this lifestyle for 5 to 10 years, and be happy in this, and you will really enjoy everything this home has to offer, from its garaging and how it integrates into the home to the living spaces, light, and pool with a huge footy screen, to the skylights and curves, and bedrooms that enhance your inner self. I sound like a real estate ad... the difference with 123 is I feel


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4
Bedroom
4
Bathroom
3
Parkings
742sqm
Land Area
Floor Plan Agent

Private Sale

Quote $7,350,000 - $7,700,000

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.