17 Neville Street ALBERT PARK

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
Lower risk as established precinct

Concerns

Minimal land content as proportion of price
Below average land size
Needs significant plantings (time)
Mal James
Mal James
0408 107 988
[email protected]

Comments on 17 Neville Street ALBERT PARK

This former warehouse with subtle art deco influences offers good floor plan flexibility with most rooms in the right place. The family room/dining and kitchen are of generous proportions and offer a practical layout. These areas are further enhanced  with  good light penetration from windows on the east and west sides of the property. The upstairs master bedroom is serviceable connecting to a good sized ensuite. What will not be to everyone's liking is the positioning of the wardrobe in the ensuite. To my way of thinking this property will best suit a young professional couple or a downsized as the lack of any outside garden area may limit it's appeal to families with children. The upstairs westerly deck gives you some connection to an outside area. Access to schools, the tram in Mills Street and Armstrong Street shops will enhance it's appeal along with rare off street  garage.

 

 

Mal James's Comments on 17 Neville Street ALBERT PARK

One of the better properties I have seen this year - it has genuine WOW and will draw great interest. Over three levels, using the stairs on a daily basis could rule out older people here and is perhaps the main concern - that said this notion of 'vertical living' is what warehouse living is all about and what give this huge appeal. I found most rooms were light and well proportioned, while the roof deck is a nice plus and would be used. The location for some may not be ideal - although close to Middle Park Primary and Mills Street tram you are some distance from Armstrong Street or a good local coffee shop here. All-in-all this a ripper property - and very much a rare gem.

 


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3
Bedroom
2
Bathroom
1
Parkings
138sqm
Land Area
Floor Plan Agent

Sold - 10:30am Oct 8 2011

Quote $1,250,000+

East 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.