35 Second Street
BOUGHT* - $2,100,000
A big crowd of people attended this afternoon auction and many of them were families with kids. Auctioneer Steve Tickell started his signature introductions and described the property as a “beautiful home, fully renovated to a high quality”, this property was “close to beach, school and golf course.” Mr Tickell asked for an opening bid of $1,800,000....

Crowd Numbers: 85 people
Bidderman: 3 bidders
 

35 Second Street BLACK ROCK

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

Outside normal walking distance to rail
Poor street presence & facade
Mal James
Mal James
0408 107 988
[email protected]

Comments on 35 Second Street BLACK ROCK

Key Points

1.     Position for Black Rock is excellent in relation to shops and beach, although overall public transport is weak in the area. This part of Black Rock is a quiet family area.

2.     Block is good size with good frontage, good northern light orientation and flat - the "quaddie" of wants in a  good block

3.     Home itself is a recently renovated and updated home which was of another era and as such is clean, bright but lacking in real identity. The garage at the front dominates the street view. The flow works with front and rear living areas to the west and living to the east.

Overall a very practical but plain home with excellent light, reasonable flow on a good block in a handy to most things past of Black Rock

Purchase Strategy should always revolve around proven completion not implied other buyers. Black Rock is a fickle market with brilliant new homes attracting "bang the door down" interest and the rest mixed responses.

Pricing is fairly simple - land (which has dropped a tad from its peak a few years ago) and home (not a lot a value on paper, but practically I think this is worth a solid number if you will live in as is for a long time).

If as a buyer you feel I can help you compare this to others on and off market please call me.


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
2
Parkings
947sqm
Land Area
Floor Plan Agent

Sold - 2:30 pm Feb 28 2015

Quote $1,750,000 - $1,850,000

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.