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26 The Crossway Way, Keilor East VIC 3033

$1,150,000

Search Band Search Visibility Band

$1.15M - $1.21M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 603 m²

Listed: 49 days ago

Updated: 5 days ago

Overview

Positioned in a coveted and tightly held area of Keilor East, this property offers an exceptional opportunity for various buyers including home renovators, builders, and developers. Sitting on a substantial 603 square metre block with a wide frontage of approximately 15.2 metres, the land itself presents considerable potential beyond the current dwelling.

The existing home, with three bedrooms, a central bathroom, and a light-filled lounge and meals area, offers immediate functionality either as a comfortable residence or a rental investment. Its features include split-system air conditioning, a gated side driveway, and a garage, supporting practical daily living needs.

However, the true appeal lies in the land and its possibilities. The wide frontage and deep, north-facing rear yard create a versatile canvas for extensions, renovations, or constructing a magnificent new residence. Additionally, there is scope for multi-dwelling redevelopment, subject to council approval, providing an attractive prospect for developers looking to capitalize on location and land size.

This property's location is highly desirable, zoned for well-regarded schools such as Keilor Heights Primary School and Essendon Keilor College. It also benefits from proximity to respected education institutions including PEGS, St Bernard's College, Ave Maria College, and quality childcare facilities, catering well to families prioritizing education.

Residents will also appreciate the convenience of nearby amenities including local shops and cafes on Centreway and Dinah Parade, accessible public transport, Milleara Shopping Centre, Rosehill Park, and the Keilor East Leisure Centre. Easy access to major roads such as Keilor Road, Calder Freeway, and Western Ring Road further enhances connectivity for commuting and travel.

Prime land size and frontage offering significant redevelopment potential
Functional existing home suitable for immediate use or rental income
North-facing rear yard ideal for extended living spaces or landscaping
Excellent educational zoning and proximity to a variety of schools
Conveniently located near shopping, parks, leisure facilities, and transport links

This property is a rare blend of land, location, and opportunity in the heart of Keilor East, attracting a range of buyers from those seeking renovation projects to developers envisioning multi-dwelling schemes.

Local Market Insights

In Keilor East, Quiet Listings observed 16 new houses entering the market over the last 30 days, down from 18 during the previous 30-day period, with an average advertised asking price of $1,360,938. The property type mix of listed properties is predominantly Houses at 89%, followed by townhouses (5%), and commercial properties (5%). The most active agency for houses in the Keilor East area is currently Nelson Alexander, representing 31% of new listings, followed by Moonee Valley Real Estate with 31%. 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.