27 Normanby Street
PASSED IN - $2,250,000
We were unable to attend the auction of this property due to other commitments. Auctioneer John Clarkson kindly forwarded us the following information. The property passed in on a vendor bid of $2,250,000 and the Hocking Stuart team was talking with a couple of parties post auction....

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Bidderman: 0 bidders
 

27 Normanby Street BRIGHTON

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Lower risk as established precinct
Lower risk established look

Concerns

Requiring significant additional cash to purchase price
Limited Backyard
Mal James
Mal James
0408 107 988
[email protected]

Comments on 27 Normanby Street BRIGHTON

This property is all about the location and the facade. The home needs a major renovation. However, the facade, front rooms and street presence are such that, if done properly, it would be hard to over-capitalise. The area is home to many $3 million plus properties and is underpinned by its location walking distance to Church St shops, restaurants, station, beach and some of Bayside's best schools. Some recent sales in the street include 12 Normanby between $3-3.5m and 22 Normanby between $3.5-4m.


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4
Bedroom
2
Bathroom
3
Parkings
748sqm
Land Area
Floor Plan Agent

Sold - 12.30pm Mar 23 2013

Quote $2,250,000

North Facing

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Advice that Matters

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