222 Esplanade East
PASSED IN - $1,700,000
A buzz of excitement was in the air. The crowd of 70 filled the street and auctioneer Greg Hocking stood centre stage where he described the property as “very rare,” in his preamble. Proceedings were opened with a vendor bid of $1,700,000 and rises of $10,000 were sought. Mr Hocking did his utmost to create a contest, however with no bidding on the da...

Crowd Numbers: 70 people
Bidderman: 0 bidders
 

222 Esplanade East PORT MELBOURNE

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
Area distance from CBD

Concerns

Higher risk as newer precinct
Possible dating issues
South facing rear (negative light issues)
Touches other properties
Only one living area
Mal James
Mal James
0408 107 988
[email protected]

Comments on 222 Esplanade East PORT MELBOURNE

This well-positioned inner city town house offers considerable lifestyle opportunities, given its proximity to the CBD, the beach and popular Bay Street, Port Melbourne. Overall the floor plan is solid, with good separation between the bedrooms and the living areas. The land is slightly irregular in shape, and a small deck on the north east corner is the only ground-level outdoor space, which may concern some buyers. That said, the roof top deck does provide a genuine alternative to any garden area, as long as you don’t mind the two flights of stairs to access it. Some may see the lack of a second living area as a concern; however, one of the bedrooms could be turned into an alternative living area if required. A bonus to the property is off-street car parking for two cars (one in garage). As a new build, this property may appeal to buyers looking for a weekday city pad which they can lock and leave as they head to the country for the weekend.


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3
Bedroom
2
Bathroom
2
Parkings
210sqm
Land Area
Floor Plan Agent

Private Sale

Quote $1,700,000+

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.