2 Spink Street BRIGHTON

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

Minimal land content as proportion of price
Poor street
Adjoining properties could be a negative issue
Limited Backyard
Touches other properties
Possible negative noise impact
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 2 Spink Street BRIGHTON

2 Spink St is not for everybody - but for a few, it’s close to everything.

I feel the rating score is harsh - but we rate against a consistent set of criteria and in Brighton a warehouse conversion (such as Spink) is not a norm that we have a consistent set of criteria for.

If this was a home - you would say no land. If it was an apartment - you would say one of the best you have seen - if you felt it was a warehouse apartment, then it is possibly the only one you have seen for a long time in this suburb - except I think the one next door, which sold a few years back.

At the ground, it’s not much. A long time ago this was a seedy street address, tucked into the backend of the railway station. However, Sons of Mary (brilliant café) has changed the entire complexion of this area - it was not the initial catalyst as Martin Street was evolving, but it was the business that gave the biggest injection into showing the Brighton set that there was a lot more on offer than the underdone Bay St or the overdone Church St.

So, 2 Spink Street is ok to good from entrance through to home/office up past the stairs, past the sleeping level and then ... well, that’s where it gets interesting. The 3rd and top living level… great space, good light, feels very European and watching the train go by past the windows, is actually a plus not a minus - the visual is comforting and the noise is muffled.

I really like this northern lit open indoor/outdoor living space. The worrier in me asks what may happen to the neighbour if a development takes place - the panoramic views which add to the ambience may well be compromised and so... well, that needs consideration.

Overall this is a very, very unusual home and the last time its twin went to auction, it was a dog fight.

Will this be the same? Quite possibly.


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4
Bedroom
4
Bathroom
2
Parkings
236sqm
Land Area
Floor Plan Agent

Sold - 6:30 PM Feb 27 2018

Quote $3,600,000 - $3,960,000

North Facing

Full James Rating Sheet

Be with James

Would you like to talk to us about finding or negotiating on your next home?
We buy 100 homes for our clients every year.
We buy Inner East and Bayside over $2m.