767 Rathdowne Street
BOUGHT* - $1,425,000
An expectant crowd full of smiling people enjoying coffees and chatting set the scene for a good auction headed by Auctioneer Jason Sharpe. Mr Sharpe was in competition with some passing cars, although the bidders were there when he asked for their show of hands. A good open of $1,100,000 by Bidder 1 was quickly followed by Bidder 2 and the two engaged in a ...

Crowd Numbers: 100 people
Bidderman: 4 bidders
 

767 Rathdowne Street CARLTON NORTH

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Higher risk as newer precinct
Lower risk established look
Area distance from CBD

Concerns

Touches other properties
Size of living/dining room
Below average kitchen size
Not enough bathrooms
No separate laundry
Mal James
Mal James
0408 107 988
[email protected]

Comments on 767 Rathdowne Street CARLTON NORTH

 

This is a proud home with classic appeal that has probably caught the eye of many of the locals passing by for years. Sitting up high off the street, and the side street access from Herbert Street give this home some good initial appeal, however this must be balanced with the floor plan internally which is not ideal.

This location is on a relatively busy street, however the surrounding pocket of shops is very convenient and this will probably outweigh the traffic noise for many buyers. Overall, this is a green for location. The rear car space is good - but it isn't completely clear if you could put a carport there, and I didn't see a crossover on my inspection (although it was becoming dark).  The home itself presents something of a conundrum. The front three rooms are sized very well, and give ample space and the high ceilings you might expect for this vintage. The back of the home and upstairs however, do not share the same dimensions as the front rooms. The bedroom and living size, and the singular bathroom may be deal breakers for some. Whether the flooplan can be modernised  will depend on your future plans, imagination and bank balance as there will probably be some weighing up to be done.

The distinct lack of stock in this area, combined with the location and the street presence should generate some good interest in this offering at the quoted price. How the market treats this home in terms of its potential will be a major factor in how it performs at auction.

 


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4
Bedroom
1
Bathroom
1
Parkings
201sqm
Land Area
Floor Plan Agent

Sold - 12:00 pm Sep 6 2014

Quote $1,100,000 - $1,200,000

West 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.