In a nutshell this is a super brilliant, in need of a light reno, exquisite period Elwood offering that should rock - on past the quote no problems at all, with multiple bidders.
One of the better circle $3m offerings I have seen in Bayside a while - great bones and you can live in now and save if you've spent it all securing it - or you could lightly or heavily renovate depending on your desires - be a little careful on how heavy you renovate, as this is still Elwood B and resales no matter how good don't sail easily on the breeze past $4m all that often.
Love the potential here. I've rated it as a serious reno.
JAMES AUCTION REPORT 12.8.17
Agent Quote: $2,500,000 - $2,750,000
On Market: $2,915,000
Result: $3,175,000 Bought, under the hammer
Crowd: 90
Bidders: 3
What Happened: Auctioneer Kaine Lanyon opened with a vendor bid of $2,500,000. No sooner had he put it forward when bidders one and two quickly offered $100,000 each. Bidding was swift ranging between $1000 and $100,000. Bidder 3 came in late in the game and held onto the last bid at $3,175,000.
James Value Analysis: Expected result - good home.
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4
Bedroom
|
2
Bathroom
|
2
Parkings
|
558sqm
Land Area
|
|
| Floor Plan | Agent |
Sold - 12:30 PM Aug 12 2017 |
Quote $2,500,000 - $2,750,000 |
West Facing |
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