53/1 Graham Street, Port Melbourne, VIC

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Inspection Info

Address

53/1 Graham Street, Port Melbourne, VIC

Guide

$920,000

Reviewed By

David McMillan, Buyers Agent on April 3, 2020

David McMillan

Buyers Agent

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First Impression

This low density complex was completed in the late 1990's and comprises 120 apartments. Given its location on a corner block some apartments are better positioned than others due to views and orientation This particular apartment faces Johnston Street and enjoys some glimpses of the bay. Its on the top floor, in good condition updated in late 2010's, suitable for young professionals or down-sizers. Auction got cancelled due to COVID19 and now its private sale. Pricing analysis is highly recommended - you wouldn't want to overpay! Definitely a good option to consider. I doubt there would be any issues with flammable cladding in this building but would recommend a full check as part of due diligence.

Location - good proximity to the beach - good street.
Floorplan - two levels and spacious living area
Low maintenance

Limited value add potential
Lack of storage
Average privacy in the bedrooms

Report Card

Buyers Agent

David McMillan

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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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