Exceptional Landholding with Wide Frontage and Future Potential

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31 Cadorna Street, Box Hill South VIC 3128

$1,150,000-$1,250,000

Search Band Search Visibility Band

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

House 4 Beds 1 Bath 2 Cars 716 m²

Listed: 24 days ago

Updated: 16 hours ago

Overview

Situated in a sought-after location in Box Hill South, this property presents a rare opportunity centered on its substantial 716sqm land holding. The generously sized and level allotment boasts a wide frontage and a practical, regular shape that offers an excellent base for future residential development or the construction of a luxury family home, subject to council approval (STCA).

The existing solid red-brick home provides comfortable and functional living spaces, featuring a bright lounge with an open fireplace and modern split-system air conditioning. Its centrally positioned kitchen supports daily living and family interaction, complemented by four sizeable bedrooms and a family bathroom, delivering ample accommodation with potential for customization.

An additional versatile section, previously used for professional purposes, adds significant flexibility. Complete with a separate entrance, reception area, toilet facilities, and two consulting rooms, this ideal space can accommodate home office needs or be redeveloped into living quarters.

Large backyard with undercover outdoor area and shed enhances outdoor living and storage options.
Double garage is oversized, providing secure parking and extra storage capacity.
Positioned close to educational institutions like Deakin University, recreational reserves such as Gardiners Creek Reserve, and local amenities including Wattle Park shops and Box Hill's vibrant lifestyle precinct.

This property caters well to families, renovators, and developers looking for significant land with versatile existing structures in a well-connected and established neighborhood, offering excellent long-term potential.

Local Market Insights

In Box Hill South, Quiet Listings observed 14 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,332,143. The property type mix of listed properties is predominantly Houses at 38%, followed by apartments (35%), and townhouses (11%). The most active agency for houses in the Box Hill South area is currently Jellis Craig, representing 36% of new listings, followed by Heavyside with 21%. 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.