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7 Crosby Close, Gladstone Park VIC 3043

Sold $590,000

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$590k - $620k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 621 m²

Listed: 49 days ago

Updated: 10 hours ago

Overview

This property at 7 Crosby Close, Gladstone Park, presents a compelling prospect for buyers with a vision for transformation and long-term value. Nestled on a generous 621 square meter parcel, the existing brick home serves as a solid foundation primed for renovation, making it especially attractive for renovators, investors, or property developers willing to explore its full potential subject to council approval.

The residence features three bedrooms with built-in storage and a central bathroom that includes both a separate shower and a bathtub, offering practical functionality for a family or occupants seeking a hands-on project. Original timber flooring flows through the main living zones and bedrooms, evoking a classic charm that can be beautifully preserved or modernised.

The lounge and dining area boasts a generous layout that invites creative redesigns to suit contemporary lifestyles, while the kitchen’s original condition calls for a complete renovation, providing the new owner with the freedom to customise the culinary space to personal taste and requirements.

Outdoor space is a significant highlight, with extensive yard area surrounding the home along with established access and a carport. This offers multiple pathways for expansion or upgrades, including extensions or potential redevelopment opportunities that could unlock further value and functionality for future use.

Located in a well-established and conveniently situated pocket of Gladstone Park, the property positions residents close to essential amenities such as the Gladstone Park Shopping Centre, featuring supermarkets, medical facilities, cafes, and a wide range of retailers and services. Nearby educational institutions and parks enhance the appeal for families and those valuing accessibility and community.

In all, 7 Crosby Close represents a versatile and rare opportunity, catering to a spectrum of buyers who are prepared to invest effort and imagination, be it through renovation, development, or repositioning for future growth.

Local Market Insights

In Gladstone Park, Quiet Listings observed 17 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 $792,059. The property type mix of listed properties is predominantly Houses at 71%, followed by townhouses (13%), and commercial properties (13%). The most active agency for houses in the Gladstone Park area is currently Ray White, representing 29% of new listings, followed by Your Property Agent with 12%. 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.