9 Barrington Avenue KEW

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
Minimal ongoing outgoings

Concerns

Requiring significant additional cash to purchase price
Poor street presence & facade
Uninviting entrance
Smaller bedrooms
Mal James
Mal James
0408 107 988
[email protected]

Comments on 9 Barrington Avenue KEW

Rated this as a townhouse in need of a renovation

An unusual offering in the sense of this is a fairly plain home in what is basically a street of different period homes.

Barrington Avenue is regarded as one of Kew's better streets and this part of Kew is within walking distance of the Glenferrie Road tram spine for Malvern to Kew schools. As well not too far away from other schools such as Carey and Camberwell Grammar. Shops are also walking distance or a short tram ride; depending on you.

However, I am not so sure this will be bought by a family considering schools, as it will also be of interest to singles/couples (low maintenance), renovators and resellers (needs an update), downsizers (single level) and entry level buyers (how many Kew family opportunities below $3m are there?)

The home itself offers flexibility - it is very rentable and liveable as is or live in a for a while and in time renovate or bulldoze (STCA -it is a form of Heritage). Currently the building is unremarkable but it is practicable and feels like it gives you a number of alternatives. Renovate or bulldoze alternatives in equal proportions depending on your desired outcomes.

Extras
Front and rear access
Good bedrooms separation
Comfy

It's a plain home, but its real plusses are in its location and its overall appeal to a wide audience and its flexibility both now and in the future.


Advice that Matters

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

4
Bedroom
2
Bathroom
4
Parkings
609sqm
Land Area
Floor Plan Agent

Sold - 1:00 PM Sep 23 2017

Quote $2,500,000 - $2,750,000

West 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.