319 Canterbury Road
PASSED IN - $1,050,000
A crowd just shy of 30 gathered to see this property go to auction. A genuine bid of $900,000 fell well short of where Greg Hocking thought the bidding should start and it was refused. Instead, Mr Hocking opened proceedings with a vendor bid of $1,050,000. As the traffic roared past the crowd used a break in the proceedings to consult with the vendor to make...

Crowd Numbers: 30 people
Bidderman: 0 bidders
 

319 Canterbury Road ST KILDA WEST

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
Good area pricing range meaning lower risk on resale

Concerns

Possible dating issues
Touches other properties
Possible negative noise impact
Mal James
Mal James
0408 107 988
[email protected]

Comments on 319 Canterbury Road ST KILDA WEST

The floor plan is a functional one with good separation of the bedrooms to the living areas. With the property well maintained you could move in with nothing to spend. On the other hand the property would be popular as a rental due to its floor plan, proximity to St Kilda beach, the light rail into the CDB and Fitzroy Street with all its shops and cafes. The sun deck on top of the garage improves the usable rear space and offers good protection from the sea breezes. There is some separation from the light rail at the rear of the property with the service road and with mature plants your privacy isn't compromised. Buyers will see the service road to the rear garage a bonus in an area where on street parking can be difficult. Noise is going to be the big issue here as Canterbury road carries consistent traffic, particularly during peak hour. I noticed when the front door was open the traffic noise was clearly audible, however when the door was closed the noise was minimal. If you like to sleep with your windows open upstairs, noise penetration may be an issue. Overall this property offers good accommodation - is it a family home probably not, more a couple, investor, or down sizer property.

 

 


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3
Bedroom
2
Bathroom
1
Parkings
166sqm
Land Area
Floor Plan Agent

Private Sale

Quote $1,095,000

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.