44 McKean Street FITZROY NORTH

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Good rental prospects
Lower risk as established precinct
Lower risk established look

Concerns

Touches other properties
Too many on block
Below average bathroom size
Poor bedroom position
Interrupted floor levels
Mal James
Mal James
0408 107 988
[email protected]

Comments on 44 McKean Street FITZROY NORTH

Local residents who have been waiting to move into this particular pocket as well as discretionary buyers ready for a home-with-a-difference will flock to this property.

This location is enough to generate strong interest, This facade will create a Wow reaction. 

Warehouse conversions have been increasing in popularity from a wider spectrum of buyers over recent years – no longer just the domain of buyers from the fields of art & design – they now also attract more mainstream buyers such as downsizers from the ‘burbs as well as families with older soon-to-be boomerang kids.

Yes this warehouse conversion has the almost obligatory home office set up downstairs but this area also offers additional flexibility to the property as it could alternatively function as a rental property as it has its own bathroom, kitchen and car space.

If you think about it, this property is like a 10-20 year old 3 level townhouse often found in suburbs such as Richmond and Prahran only bigger and better.

If you really think about living on 3 levels (and a mezzanine) with one bedroom on each level, does this sound like the privacy you (and your family want) or does it sound like a separated life?

Perhaps the bonuses at this property will outweigh any concerns or adjustments to current living you may have and there are quite a few extras – the high ceilings, the north light, the vista from the terrace, the double car parking, the home office, the facade and so on.

The styling is dated and inconsistent but this can be re-done to your taste. The room sizes are odd but the light fills the home with warmth.

This warehouse has a spark that will initially attract some buyers even if it doesn’t quite sustain all those buyers. But those who are still carrying the torch for this one come auction day will need to prepare for a battle.


Advice that Matters

James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.

3
Bedroom
3
Bathroom
2
Parkings
157sqm
Land Area
Floor Plan Agent

Sold - 12:30 PM Sep 24 2016

Quote $2,200,000 - $2,400,000

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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.