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39 Fraser Street, Airport West VIC 3042

EOI $1,100,000 - $1,200,000

Search Band Search Visibility Band

$1.1M - $1.2M High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths 4 Cars 780 m²

Listed: 2 days ago

Overview

This prime property at 39 Fraser Street presents a substantial land holding of approximately 780 square metres in a commercially zoned precinct, offering significant potential for a wide range of buyers including families, investors, and developers.

Being located within the B3Z Commercial 2 Zone, the site invites exploration of diverse opportunities ranging from renovation and investment to redevelopment options subject to council approval, making it an attractive prospect for those seeking future growth or redevelopment scope.

The existing residence features a well-thought-out functional floorplan encompassing three generously sized bedrooms, each equipped with built-in robes for ample storage. The two well-lit bathrooms enhance convenience for families or multiple residents. The kitchen is designed with practicality in mind featuring generous cupboard space and stainless steel appliances, seamlessly integrated with the meals and family area, facilitating an engaging and connected living experience.

Additional amenities include reverse-cycle heating and cooling, ceiling fans throughout the home ensuring comfort in varying seasons, roller shutters for added security and privacy, and extensive parking options with accommodation for multiple vehicles including two double garages at the rear and side access. This facilitates ease of entry and parking for residents and visitors alike.

Strategically situated, the property enjoys close proximity to essential conveniences including Westfield Airport West, Keilor Road’s retail strip, Essendon Fields Shopping Centre, local cafes and dining, schools and recreational parklands. Moreover, excellent transport links via tram and bus stops, as well as direct access to major thoroughfares such as the Western Ring Road, Tullamarine and Calder Freeways, provide enhanced connectivity for commuting professionals and families.

Overall, this property stands as a versatile and valuable offering for buyers aiming to secure a family home, expand their investment portfolio, or capitalize on the commercial zoning to unlock development potential, all within a highly accessible and convenience-rich location.

Local Market Insights

In Airport West, Quiet Listings observed 17 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $1,128,235. The property type mix of listed properties is predominantly Houses at 69%, followed by villas (12%), and townhouses (8%). The most active agency for houses in the Airport West area is currently Nelson Alexander, representing 41% of new listings, followed by Jellis Craig with 18%. 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.