26 Fermanagh Road CAMBERWELL

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Seemingly low additional cash required after purchase
Minimal ongoing outgoings

Concerns

Significant slope issues
Interrupted floor levels
Mal James
Mal James
0408 107 988
[email protected]

Comments on 26 Fermanagh Road CAMBERWELL

26 Fermanagh Road is a brilliantly renovated home (pending building inspection) and the way it has dealt with its only real issue (slope) is sheer genius; via a split view upstairs and downstairs living room.

Enough of my emotion.

Position: Fermanagh Road is a Camberwell "A" Street on a par with its neighbour Waterloo Street, Sunnyside Avenue in the Sunnyside Estate and it's a narrow margin when comparing with the Tara Estate.

It's a Camberwell Top 5 Street. Google maps will show why; train, shops, cinema and more - Transport, you are on a major east-west and north-south tram spines, allowing children independent and safe transport access to even more school choices.

Property: Look at the dots, our ratings assessment - levels in the land are its only issue that we felt wasn't an "A".

The windows are a key just as much as the floor plan, which are well thought out. Add in multiple car spots including easy indoor/access (rain, weight of groceries, safety, muddy boots) one next to laundry, pantry and kitchen - the home's true working triangle.

Living areas - indoor / outdoor - bedroom separation, landscaping for privacy - it is all really well thought out.

Price: The only reason this home hasn't sold (even in this difficult market) has been that price is so far away from reality after $per sqm, block front facade and heritage. For me all plusses but not so for others, meaning OS - it's a local market buyer only.

And the question now - is it really for sale? - no contracts, no firm price and no desire to sell??

 

2012 Rating before renovation: 

Great opportunity to extend and renovate an original timber Italianate home in a signature Camberwell Street.

Main pluses here are block size (mainly due to width), and the position (which sells itself) - walking distance to Camberwell Junction, train station et al. and the street is leafy and pretty.

Front and rear car access is also very good and there is potential for city views to the west.

The main challenges here from a buyer's perspective would be the block slope (steps will be required internally or at the rear down from deck) and there is a fair bit of space to the south side of the house which be a challenge to build on (obviously STCA).

Rated for Land Only.


Advice that Matters

James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.

4
Bedroom
3
Bathroom
3
Parkings
984sqm
Land Area
Floor Plan Agent

Private Sale

Quote $5,000,000 - $5,500,000

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.