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Overview
This property offers a rare investment or development opportunity on a generous 713 square metre north-facing block, completely free of easements. Such an easement-free north orientation on a substantial parcel of land delivers unmatched freedom for future developments or designing a spacious family home with potential for extension or additional structures.
The existing residence is well-maintained and immediately livable, presenting an option for secure rental income or comfortable accommodation while development plans are in progress. Inside, the home welcomes you with sizeable living and dining areas that benefit from natural light and provide versatile space for daily living.
- The kitchen has been tastefully upgraded with modern gas cooking facilities, facilitating efficient meal preparation.
- Two bedrooms offer adequate accommodation with good proportions, suited to couples or small families.
- The central bathroom has been enhanced to a contemporary standard, complemented by a conveniently separate laundry housing a second toilet to ease busy household routines.
- Year-round comfort is assured with the inclusion of ducted heating and split-system air conditioning, important features for Melbourne's variable climate.
- Moreover, a secure garage accommodates two vehicles or alternatively offers useful storage or workshop space.
Located in a highly accessible pocket of Mulgrave, this property is within walking distance to Gateway Shopping Village, ensuring day-to-day convenience. It is also just a short drive away from major retail hubs including M-City and the IKEA Homemaker Centre, educational institutions like Monash University, and benefits from seamless road access via the Monash Freeway and Eastlink.
Overall, this home is well suited to investors seeking a solid rental asset, developers planning multi-townhouse projects subject to council approval, or families desiring a long-term residence with ample land and functional living spaces in a desirable location.
Local Market Insights
In Mulgrave, Quiet Listings observed 22 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 $1,037,727. The property type mix of listed properties is predominantly Houses at 66%, followed by townhouses (17%), and units (6%). The most active agency for houses in the Mulgrave area is currently Ray White, representing 68% of new listings, followed by Win Real Estate with 14%. 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 |
|---|---|
| AUCTION THIS SAT, 1 PM | |
| AUCTION $880,000-$950,000 | |
| Auction AUCTION $880,000-$950,000 |
Location
Market Insights for Mulgrave VIC 3170
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