98 Union Street NORTHCOTE

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Seemingly low additional cash required after purchase
Higher risk as newer precinct
Lower risk established look

Concerns

South facing rear (negative light issues)
Poor car garaging
Mal James
Mal James
0408 107 988
[email protected]

Comments on 98 Union Street NORTHCOTE

This is a lifestyle home with WOW factor and a big tick for location. Westgarth Station and High Street trams and shops are a stroll away which goes a long way to compensating for the lack of onsite parking for this home.

It will not suit everyone in terms of practicalities, but for those looking for a classy warehouse conversion, with some truly cavernous spaces, this is well worth a look.

It feels a lot like a gallery and currently furnished as it is, it looks like it as well. Buyers will need to imagine how they are going to put their own mark on this home given the large first floor space to work with.

With only a small strip of outdoor area, this won't suit people looking to tend a big veggie patch, but this house is not about the outside, it is all about the feel inside and how you live.

Like all warehouses, they are generally unique and can be harder to gauge in terms of price and the depth of the market for each one. The lack of sales of similar properties to this will mean a different approach might be needed to understand where the market sees value for this offering.


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
2
Bathroom
0
Parkings
225sqm
Land Area
Floor Plan Agent

Passed In - 12:00 PM May 16 2015

Agent Declined Quote

South 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.