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Overview
Let your imagination run wild and inspiration take control with this classic property located in the Golden Triangle on approximately 642 square meters. This home is ready and waiting to be revitalized, offering significant value-add potential in a highly sought-after family-friendly location.
The property boasts a north-facing frontage exceeding 15 meters. The interiors feature a warm fireside lounge and an additional living area, complemented by a dining zone conveniently located next to the kitchen. There are four bedrooms sharing two bathrooms; one of these bathrooms includes laundry facilities. Outside, you will find a double garage and a garden shed set within a deep garden area.
This home invites you to focus not just on its current state, but on what it could become. You may choose to restore the existing accommodation and incorporate the contemporary enhancements that suit your taste, possibly extending the building footprint. Alternatively, the site offers opportunities to clear and build a luxury new family home or even a designer side-by-side townhouse development, subject to council approval.
Residents of this address enjoy numerous local conveniences, including Follett Road shops and Cheltenham town centre, both just 700 meters away. Public transportation options are within walking distance, with buses nearby and the train station located less than a kilometer away. The location also provides easy pedestrian access to Southland Shopping Centre, approximately 1.4 kilometers distant, alongside proximity to quality schools. The property is in the school zones for Mentone Girls’ Secondary College and Cheltenham Secondary College.
Overall, this property represents a promising opportunity for families seeking a comfortable home, developers interested in a desirable location, and investors looking for potential growth in a premium Cheltenham area.
Note: Every effort has been made to verify the accuracy of the details in this advertisement. However, prospective purchasers should independently satisfy themselves with all pertinent matters before proceeding.
Local Market Insights
In Cheltenham, Quiet Listings observed 20 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $1,277,825. The property type mix of listed properties is predominantly Commercial properties at 39%, followed by houses (28%), and units (13%). Ray White was the most active agency in this area, representing 35.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,050,000 | |
| $1,050,000 - $1,150,000 |
Location
Cheltenham VIC 3192
Market Insights for Cheltenham VIC 3192
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