HSU official Kathy Jackson's Balwyn house asking price reduction
Jonathan ChancellorDecember 3, 2012
The Balwyn home of the Health Services Union national secretary Kathy Jackson now has a $1.99 million asking price guide, having been listed previously with $2.1 million expectations.
The four-bedroom house passed in at its September auction on a $1.85 million vendor bid through Fletchers agents Jeremy Desmier and Daiman Kane.
The tree-lined Balwyn property is being marketed as a "developer's dream", given it's a 1,452-square-metre block.
The four-bedroom, three bathroom house sits on part of the holding, easily allowing some land to be sold or redeveloped.
It was transferred into Jackson's full ownership by her former husband, Peter Jackson, in March 2010.
It last traded at $1.15 million in 2004.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
