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Overview
Situated on a substantial 934 square metre allotment in a prime court location, this established home presents an exceptional land banking proposition with the flexibility to move in, renovate, or redevelop (subject to council approval).
This property includes three generously sized bedrooms alongside a dedicated study space perfect for working from home, reflecting the practical needs of modern living. A separate lounge and dining area offer versatile living arrangements, complemented by a functional kitchen equipped with cooktop, oven, and ample cabinetry for everyday convenience.
With both a garage and a carport providing parking for two vehicles, and features such as gas and ducted heating and polished floorboards, the home combines comfort with functionality. Ready for immediate occupancy or tenancy, it serves as a sound investment or a future development opportunity.
The site's development potential is significant, with preliminary council guidance indicating the possibility of constructing up to three storeys or 11 metres, aligning with recent approvals for townhouse projects nearby. This offers an attractive option for developers or those seeking to capitalize on the location’s growth prospects.
- Close proximity to top-rated Pinewood Primary School and Brentwood Secondary College zones.
- Easy access to major transport links including the Monash Freeway and Syndal Train Station within driving distance.
- Nearby shopping and dining amenities such as Brandon Park Shopping Centre, Pinewood shopping precinct, The Glen Shopping Centre, and Kingsway restaurants enhance lifestyle convenience.
- Flexible settlement terms of 30, 60, or 90 days accommodate varied buyer needs.
This opportunity invites careful consideration by those wishing to secure a valuable foothold in this sought-after location, whether for long-term residence, rental income, or redevelopment potential. Prospective buyers are advised to conduct their own due diligence regarding development approvals and local regulations.
Local Market Insights
In Notting Hill, Quiet Listings observed 10 new houses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $1,208,900. The property type mix of listed properties is predominantly Houses at 38%, followed by apartments (31%), and townhouses (19%). The most active agency for houses in the Notting Hill area is currently McGrath Estate Agents, representing 30% of new listings, followed by Buxton Real Estate Group with 20%. 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 |
|---|---|
| $1,299,000 | |
| $1,330,000 | |
| From $1,300,000 |
Location
Market Insights for Notting Hill VIC 3168
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