55 Reed Street, Albert Park, VIC

162

Inspection Info

288

SQM

Address

55 Reed Street, Albert Park, VIC

Guide

$3,900,000

Reviewed By

David McMillan, Buyers Agent on May 5, 2020

David McMillan

Buyers Agent

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First Impression

Double fronted home fully renovated last sold in 2011 for 1.9m. This house is suitable for a family, very spacious with a good floor-plan flow. I like the modern look even though most of the character has been removed. Rate per square metter in this location is in the range of $13,000 to $15,000 - price seems in line with the market. This property is fully capitalised, and whilst done well wont appeal to everyone.

North facing
Quality of renovation
High Celings

Overcapitalised
Two small bedrooms upstairs
Formal living could be converted into a bedroom

Report Card

Buyers Agent

David McMillan

Private Grading

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Land Content

Building Condition

Natural Light

Privacy

Floorplan Internal Flow

Value Add

Neighbouring Properties

The Bottom Line

B+

Preliminary Grade

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David McMillan
BuyerX - Melbourne CBD

David has worked as a property Investment adviser, property consultant, buyer agent & valuer to private clients, financial planners, accountants, finance brokers and various government entities since 1999. He has been involved in more than $1b worth of transactions across Victoria, New South Wales, South Australia, Western Australia & Queensland.

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