32 Grandview Grove
BOUGHT* - $4,410,000
Towering Auction, which was like a hot air balloon that just kept on rising and rising. Auctioneer Justin Long started off with a vendor bid of $3,600,000. Three bidders expressed their intentions until $3,725,000. This made Mr Long depart inside and speak to the vendors. Appearing once again Mr Long advises that the reserve still needed to be reached. More ...

Crowd Numbers: 150 people
Bidderman: 3 bidders
 

32 Grandview Grove PRAHRAN EAST

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Minimal ongoing outgoings
Above average precinct for general area

Concerns

Requiring significant additional cash to purchase price
Poor kitchen position
Kitchen needs work
Bathrooms need work
Bathroom no ensuite
Bedroom quality an issue
Below average master bedroom
Mal James
Mal James
0408 107 988
[email protected]

Comments on 32 Grandview Grove PRAHRAN EAST

Most of the 50+ visitors to the first open for inspection of this landmark property probably walked away having a picture in their mind of how this great house would look after it was completely renovated. The rooms wiould be large and open, bathrooms would be built, it would have a kitchen and the kids would be skipping through the big north facing garden.

But how can you get your plans approved by council? How can you extend the dining room with the current ornate corninces? How do you open up the kitchen, laundry and that back area? And what can you do with the tower. Well the resolution on the latter is proably the easiest, but I hope someone does undertakes the challenge because it is a house worth preserving. It's in a great street. It has some great neighbours. So who has a large risk/reward  appetite?


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4
Bedroom
3
Bathroom
3
Parkings
1,024sqm
Land Area
Floor Plan Agent

Sold - 2:30pm May 1 2010

Quote $4,000,000+

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.