6 Head Street
PASSED IN - $7,000,000
Around 120 people basked in the warm winter sun fanned by beachside winds. Auctioneer Jeremy Fox got things under-way with a vendor bid of $7,000,000 as the crowd quietly enjoyed the incredible views. He was unable to stir a response during the auction and the property passed in at this price. It appeared that negotiations were beginning post auction as the ...

Crowd Numbers: 120 people
Bidderman: 0 bidders
 

6 Head Street BRIGHTON

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Good rental prospects
Seemingly low additional cash required after purchase

Concerns

No obvious concerns on first impression
Mal James
Mal James
0408 107 988
[email protected]

Comments on 6 Head Street BRIGHTON

It really doesn't get much better than this if you want views, waterfront, space and a rare block. The house may or may not be your cup of tea but STCA that is your call. What's on offer is Absolute Golden Mile Beachfront. The last auction of this size and calibre I attended was the famous "late or not late" bid Auction at 2 Cole St which in many ways was/is an almost identical offering. It sold for $7.3 million under strong competition last year. The market has changed dramatically since then well up pre Christmas and more recently down - but the Bay, the land and the view hasn't. The quote is $7.5m+ and if that relates to the reserve then it is a fair quote and the final result be it before, during or post auction with be a fascinating one. Our experience is the Golden Mile is transacting, having bought for 2 clients within the last 3 months. Such are the vagaries of this market in June 2010 that this timeless. classic, exclusive Brighton waterfront address could get $8million and more in a heartbeat, however it could also struggle well below that.


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3
Bedroom
3
Bathroom
4
Parkings
838sqm
Land Area
Floor Plan Agent

Private Sale

Quote $7,500,000+

East 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.