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45 Rossdell Court, Portland VIC 3305

$249,000

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$249k - $261k Transparent Transparent Listing Based on an openly advertised listing price.

House 1 Bed 1 Bath 1 Car 697 m²

Listed: 18 days ago

Updated: 4 hours ago

Overview

Set on a generous 697 square meter allotment in a peaceful South Portland court, this property offers a substantial opportunity to create a unique home tailored to your vision. The existing one-bedroom, one-bathroom dwelling requires significant renovation, presenting a blank canvas for renovators or builders to transform the site.

The elevated position enhances the property's appeal by potentially allowing future renovations or new builds to capture ocean views, adding both lifestyle value and market appeal. The location is convenient, with nearby community amenities such as Barkly Street shops and South Portland Pharmacy.

This property is particularly suited to buyers eager to undertake a project that combines location benefits with considerable scope for redesign or reconstruction. It promises prospective owners the flexibility to creatively utilise the land and realise a residence that meets their needs and preferences, pending council approval (STCA).

Whether you are a renovator, builder, or investor seeking a project in a tranquil yet accessible setting, this offering provides a genuine chance to unlock the site's potential and contribute positively to the local community fabric.

Local Market Insights

In Portland, Quiet Listings observed 14 new houses entering the market over the last 30 days, unchanged from 14 in the prior period, with an average advertised asking price of $712,786. The property type mix of listed properties is predominantly Houses at 74%, followed by units (16%), and commercial properties (11%). The most active agency for houses in the Portland area is currently Assets Real Estate Portland, representing 57% of new listings, followed by Hudson Property Agents Portland 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.