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78 Elwers Road
Rosebud, VIC 3939
$640,000 To $680,000
Overview
3 bedroom house on just over 650 sqm at paris e...
This property is a well-positioned 3-bedroom house located at the Paris end of Rosebud, set on a generous land size of just over 650 square meters. It is priced for a quick sale, offering an excellent opportunity for buyers seeking a versatile residential property in a desirable location.
The local council has granted a planning permit for a two-townhouse development on this site, subject to minor amendments. This adds significant development potential for investors or developers. Alternatively, the property offers ample space in the rear yard to construct a 2-3 bedroom unit or a large granny flat, providing flexibility for future expansion or rental income opportunities.
The rental appraisal for the property is approximately $530 per week, and it complies with minimum rental standards, making it a viable investment option. The house features three very good-sized bedrooms, each equipped with built-in robes, providing ample storage and comfort for family living.
Comfort is ensured with a split system heating and cooling unit, while the electric hot water service and all-electric appliances contribute to the property's modern conveniences. The home is situated on a flat, rectangular site measuring 50 feet by 140 feet (approximately 15.24 meters by 42.672 meters), with no easements or large trees, allowing for easy maintenance and development.
In 2023, the property received an SRO Property Clearance Certificate, with a site value of $640,000 and a capital improved value of $720,000. Since then, $15,000 worth of improvements have been added, enhancing the property's value and appeal.
The property includes a modern single-car carport and offers excellent access to both the front and rear yards, ideal for storing vehicles, boats, or caravans. This feature adds to the practicality and convenience of the home for families or those with recreational vehicles.
Overall, this residence presents a unique blend of comfortable living, development potential, and investment opportunity in a sought-after area of Rosebud. It is well-suited for buyers looking for a family home with future growth possibilities or investors seeking a property with rental income and development options.
Location
Rosebud VIC 3939
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 90 sqm |
Market Insights for Rosebud VIC 3939
Other properties in this postcode
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
