Nice one in Adelaide.....

Discussion in 'Property Analysis' started by Gockie, 16th Jul, 2016.

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  1. Gockie

    Gockie Life is good ☺️ Premium Member

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  2. D.T.

    D.T. Specialist Property Manager Business Member

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    Adelaide has lots of nice character :)
     
  3. Xenia

    Xenia Well-Known Member

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    That is absolutely gorgeous
     
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  4. MTR

    MTR Well-Known Member

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    I love period homes, this is amazing property, however I think it needs a makeover. Curtains are dated, paint colour dated, kitchen is not grand as you would expect in this calibre of home, one of the bathrooms is also dated. Still a very grand home, thanks for sharing

    Mtr
     
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  5. C-mac

    C-mac Well-Known Member

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    Wowsers! Pretty stunning home.

    It had me at the first picture, and it kept on goving. Especially loved the two knights in those hallway cabinets!
     
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  6. Blacky

    Blacky Well-Known Member

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    Love it and hate it at the same time.
    I'm all for character homes. And I'm all for modern homes. But pick one or the other.

    The carpet is horrible.

    Still. It certainly has appeal. Just needs either updating or backdating. I just can't decide which.

    Blacky
     
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  7. WattleIdo

    WattleIdo midas touch

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    Love the exterior and entranceway. With these old buildings the interiors can be frumpy in some places. Everything has to be grand and inevitably dates. Some stuff looks good and other not.
    Looks like an old convent?
     
  8. albanga

    albanga Well-Known Member

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    House is screaming out for an epic game of cluedo.
     
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  9. D.T.

    D.T. Specialist Property Manager Business Member

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    The tenant was killed by the property manager using a blunt instrument? :p
     
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  10. Plutus

    Plutus Well-Known Member

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    I love it & hate it. Can't help but think that it would've been nicer if they committed to modern or classic, not both. Also maybe its the photos or the amount of "stuff" but a lot of the rooms in the photos look smaller than I'd have expected for such a grand building from the exterior.

    For that sort of $$ I could buy a nice french Chateau
    Leggett: Property in Normandy, France - Price: € 1190000 -

    Assuming this place goes for $6m, I would rather buy that for $1.7m. Spend $300k on personalising it a bit, invest my other $4m, draw down on the investment @ 4%pa and spend my $160kpa on upkeep and keeping the cellar well stocked.

    No offense to Adelaide, its a beautiful place but for that sort of money you can practically live anywhere in the world. Not sure if Adelaide would be my top pick.
     
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  11. hash_investor

    hash_investor Well-Known Member

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    That place in adelaide is for people worth more than $6m. So they will buy the house and still have plenty to invest :)
     
  12. Corey Batt

    Corey Batt Well-Known Member

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    That property has been up for a little while - it was originally listed for circa $6mil if I remember correctly. The whole of the east facing parklands is of a similar style, I'm not that amazed for the price. Locationwise there is nothing happening at that end of the city and the parklands aren't that nice. For almost half of the budget you can buy a luxury estate on Victoria Ave in Unley Park/Hyde Park etc.
     
  13. DaveM

    DaveM Well-Known Member

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    That house is what happens when a church and a RSL club have sex
     
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  14. Graeme

    Graeme Well-Known Member

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    I'd be more tempted by this place in Adelaide that sold a couple of years ago.

    [​IMG]
     
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  15. D.T.

    D.T. Specialist Property Manager Business Member

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  16. Nemo30

    Nemo30 Well-Known Member

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    I love the Ocean Boulevard property. I saw it for sale a few years ago and was very jealous of the buyer.

    Those photos dont really do it justice. Its a very iconic property sitting on a hill overlooking Adelaide surrounded by land. Then you have all the plebs surrounding you on suburban blocks.
     
  17. Graeme

    Graeme Well-Known Member

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    The Ocean Boulevard place, and the East Terrace house for that matter, are both way too big for me. I live on my own!
     
  18. D.T.

    D.T. Specialist Property Manager Business Member

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    What about all your minions? :)
     
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  19. BKRinvesting

    BKRinvesting Well-Known Member

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    I was going to say that the kitchen was terrible for that standard of home, but realised the owners wouldn't care - that's the cook's view - not theirs!
     
  20. Gockie

    Gockie Life is good ☺️ Premium Member

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    Lol you might have a point! :)