48 Blenheim Street, Balaclava, VIC

177

Inspection Info

172

SQM

Address

West Subpenthouse/48 Blenheim Street, Balaclava, VIC

Guide

$2,000,000

Reviewed By

David McMillan, Buyers Agent on April 22, 2020

David McMillan

Buyers Agent

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First Impression

This project was completed 3 years ago and comprises 41 units and approx. 70% of the building is occupied by renters. This apartment is an amalgamation of two 2 bed units and it is in really good condition. Bedrooms sizes are a bit tight but good outdoor area. The floor-plan could be re configured in future opening up dinning/ living and kitchen area. The rate per square meter for this building is in the range of $9,000 to $11,000 at the mid price point of the asking price, this seems in line with the market. Suitable for down-sizers. I would recommend flammable cladding check as this building was completed after 1997.

Condition of the apartment
Car park spaces
Balcony size

Overcapitalised
Small bedrooms
Floorplan could be reconfigured

Report Card

Buyers Agent

David McMillan

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Floorplan Internal Flow

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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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