28 Ralston Street SOUTH YARRA

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

Touches other properties
Poor natural kitchen light
Mal James
Mal James
0408 107 988
mal@james.net.au

Comments on 28 Ralston Street SOUTH YARRA

28 Ralston St South Yarra is a bespoke small family home. It’s moody and intimate, it’s curated and awakens the senses.
 
If you are looking for a city pad, a bolt hole, a place to come back to before you jet off again then 28 Ralston is a one for the trophy room.
 
Paris, New York, Melbourne the architectural thought and finishes stack up in any of those places, as does the floorplan and the overall amenity.

If I was going to live in an inner city pad, I would consider this one in the upper echelons of my choices – due to its PPP’s.
 
Position – some road noise off Punt Road and the street is not one of South Yarra’s finest are the only issues I can see warranting comment on the negative. ON the positive, what are you not close to? It's effectively Domain or South Yarra and everything you can access such as Doman Road and Tan, Train and Tram, Fawkner Park and River, Chapel Street and ……
 
Property – floorplan – it works upstairs with the voids making not the widest double fronter feel like it has some space and the main bedroom has some separation from the other two bedrooms. If a couple lived here, there are many options for guests and entertaining and if a family lived here, a sofa bed downstairs in the study or the sitting room could suffice for occasional guests.
 
It also has multiple sitting/living spaces inside and outside and we can see this as a great entertaining abode – I like the nooks and crannies feel. Some may not – but I do.
 
The finishes may not be for everyone as they are many (some could be replaced over time) and the floor being dark can be brightened with rugs for those desiring more light. The downstairs light situation overall however, is limited as this home has been built on the north boundary but for many, it may only be noticed in the kitchen so updating some finishes could resolve this.
 
Garaging is a plus and not as common as you may think in this area – good width and a second car would find an on-street park in all but the busiest shopping times.
 
Price – it's had a few price incarnations and it may not be the world’s best investment as it will tend to date somewhat – it already has – so as an investment there are better, especially when you are starting at this price point in this street. However, as a home with some interesting features and nothing further to do or spend, it will require effort if you have competition as more and more are looking for lock-n-leave ready to move in.
 
Ralston St to the MCG (8 mins) to the Airport (29 mins) to Portsea (90 minutes) when you type into Google – it's well located to everything and is the quintessential urban home.


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3
Bedroom
2
Bathroom
2
Parkings
269sqm
Land Area
Floor Plan Agent

Private Sale

Quote $3,300,000 - $3,500,000

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.