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Overview
This property presents a rare opportunity on a substantial 627 square meter corner allotment in Chelsea, combining the potential for immediate comfortable living with future development possibilities. Currently, a three-bedroom home with abundant natural light welcomes residents with warm hardwood flooring that complements the stone-topped kitchen equipped with stainless steel appliances. The layout promotes easy indoor living, featuring a central bathroom and convenient full laundry access that extends into a significant, fully fenced rear yard, making it well-suited for families or those valuing outdoor space and privacy.
For investors or developers, approved plans are already in place for two double-storey townhomes, each thoughtfully designed with four bedrooms, three bathrooms, and spacious open-plan living areas. These future residences emphasize modern living with features including driveway access from Cross Road, generous yards, upper-level retreats, and master suites with walk-in robes and twin-vanity ensuites, balancing practicality with comfort for easy resale or rental appeal.
Currently equipped with evaporative cooling, ducted heating, ducted vacuum systems, and camera security, the home ensures year-round comfort. Located conveniently close to quality schools, shopping villages, parklands, and public transport, as well as the scenic Port Phillip beaches, this property caters to a broad spectrum of buyers—whether seeking a solid family home, a redevelopment project, or a savvy investment in a desirable locality.
The corner position not only enhances privacy but also invites creative possibilities for future ambitions, making this property a flexible and valuable asset in Chelsea's real estate market.
Local Market Insights
In Chelsea, Quiet Listings observed 23 new houses entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $1,137,826. The property type mix of listed properties is predominantly Houses at 34%, followed by townhouses (22%), and units (19%). The most active agency for houses in the Chelsea area is currently Ray White, representing 26% of new listings, followed by Buxton Real Estate Group with 22%. 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.
Location
Market Insights for Chelsea VIC 3196
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