The Possibility to Multiply in the McKinnon Zone

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101-105 McKinnon Road, Mckinnon VIC 3204

$1,500,000-$1,600,000

Search Band Search Visibility Band

$1.5M - $1.58M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 653 m² 173 m²

Listed: yesterday

Overview

This classic cream brick residence in McKinnon blends mid-century charm with promising future potential, set on approximately 653 square meters across three titles within the GRZ1 zone.

Constructed in the 1950s and updated in the 1970s, the home features a retro ambiance that delivers comfort through its vintage lounge and solid timber kitchen equipped with double ovens. The north-facing casual living and dining areas invite natural light, enhancing daily living experiences.

Accommodation includes three double bedrooms with built-in robes, a distinctive bathroom, separate toilet, and dedicated laundry, making the layout practical for families or investors seeking versatility.

Outdoors, the north-facing rear garden stands out with additional structures such as a bungalow, shed, and garage accessible via rear lane gates, presenting opportunities for renovation, rebuilding, subdivision, or further development subject to council approval.

Positioned mere meters from McKinnon Village, residents can enjoy convenient access to cafes, train services, the Chadstone bus route, and nearby recreational spaces such as Wattle Grove Reserve and Allnutt Park. The property also falls within the McKinnon Secondary College zone and close to Ormond Primary School, enhancing its appeal to families prioritizing education and lifestyle.

Versatile zoning and multiple titles extend redevelopment possibilities for future growth.
Original architectural features combined with functional design cater to comfortable living or rental income prospects.
Strategic location benefits everyday conveniences and community amenities.

Local Market Insights

In Mckinnon, Quiet Listings observed 18 new houses entering the market over the last 30 days, down from 23 during the previous 30-day period, with an average advertised asking price of $1,495,556. The property type mix of listed properties is predominantly Houses at 40%, followed by townhouses (33%), and apartments (11%). The most active agency for houses in the Mckinnon area is currently Jellis Craig, representing 44% of new listings, followed by Buxton Real Estate Group with 28%. 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.