5 Pine Grove
BOUGHT* - $2,310,000
This auction achieved a podium result! Attracting all the attention of a grid girl, auctioneer John Bongiorno really got the five bidders revved up. Opening with a vendor bid of $1,800,000 the activity motored along thanks to five bidders driving the price up. The chequered flag was eventually waved at $2,310,000....

Crowd Numbers: 120 people
Bidderman: 5 bidders
 

5 Pine Grove MALVERN

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

Not enough bathrooms
Bathroom no ensuite
Mal James
Mal James
0408 107 988
[email protected]

Comments on 5 Pine Grove MALVERN

This period home in a good Malvern street has been very well renovated - apart from not including an ensuite bathroom. But there are plans to add one on - and it would not interupt the flow of the house to any great extent. Alternatively, if all the bedrooms were not needed you could convert the adjacent bedroom into a spacious bathroom and dressing room.The rest of the house is very good. The hallway is striking and leads to a north facing family/dining area with plenty of light and access to an outdoor dining space. The three bedrooms are a good size and an extra bedroom could be added if the front sitting room was converted - at the moment the sitting room is a bit isolated from the entertaining areas and it may work better as a bedroom. In summary a very good package which will appeal to a wide spectrum of buyers.


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
1
Bathroom
2
Parkings
517sqm
Land Area
Floor Plan Agent

Sold - 12:00pm Mar 27 2010

Quote $1,500,000

North 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.