74 Chester Rd, Annerley is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 607m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 1992.
The house has very little merit but the value of the land shines through, providing an obvious opportunity for various projects.
Developers will recognise the relatively flat 607m2 block with 15m frontage and LMR2 zoning as a site earmarked for multiple dwellings.
The street and location provides a quiet residential setting to support a strong resale potential for any new development.
THE LOCAL INSIGHT:
This former Ekibin pocket represents the margin where the urban build up eases and the Toohey Forest enclave begins. Locals can access Forest walks or stroll down to the nearby Tarragindi Recreation reserve and Baracca Cafe for morning coffee. Yet the freeway and City are quickly accessible.
For more details call Ed on 38480202 or email on the link provided.
The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2011 was 10,664 people. By 2016 the population was 11,349 showing a population growth of 6.4% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation. In 2011, 44.6% of the homes in Annerley were owner-occupied compared with 42.9% in 2016.
Annerley has 6,433 properties. Over the last 5 years, Houses in Annerley have seen a 85.23% increase in median value, while Units have seen a 74.59% increase. As at 31 August 2024:
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