FOR SALE
Private Sale : $1,450,000-$1,595,000

17 Service Road
Blackburn VIC 3130

Bedrooms: 9
Bathrooms: 3
Car spaces: 2
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Intelligent Design for Diverse Lifestyles

This exceptional property presents a rare opportunity with its registered Rooming House Occupancy Permit and potential rental income of approximately $130,000 per annum. Designed to meet high standards, it offers remarkable flexibility and limitless possibilities.
Key Features and Potential Uses (STCA):
• Rooming House Operations: Continue as a registered rooming house and enjoy impressive rental returns.
• Multigenerational Living: Ideal for large families with its dual-level layout, providing privacy and independence.
• Future Development: Explore the potential to separate lower and upper levels into individual strata, offering the option to sell one and retain the other.
• Versatility: A design that caters to a multitude of lifestyle and investment needs.
Intelligent Design for Diverse Lifestyles
The home's thoughtful architecture elevates it above expectations, catering to modern multigenerational living. Both levels feature:
• Fully equipped kitchen facilities
• Spacious living areas
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Property Details for 17 Service Rd, Blackburn

17 Service Rd, Blackburn is a 9 bedroom, 3 bathroom House with 2 parking spaces. The place is currently for sale with Ray White Burwood.

Building Type
House

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About Blackburn 3130

The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12% of total area. The population of Blackburn in 2011 was 12,795 people. By 2016 the population was 13,927 showing a population growth of 8.8% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation. In 2011, 76.7% of the homes in Blackburn were owner-occupied compared with 72.3% in 2016.

Blackburn has 8,470 properties. Over the last 5 years, Houses in Blackburn have seen a 8.85% increase in median value, while Units have seen a 10.98% increase. As at 31 October 2024:

  • The median value for Houses in Blackburn is $1,560,260 while the median value for Units is $775,417.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 23 properties listed for sale, and 15 properties listed for rent in Blackburn on OnTheHouse. According to CoreLogic's data, 305 properties were sold in the past 12 months in Blackburn.

Suburb Insights for Blackburn 3130

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Yafei Dong
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Emma Yu
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Ray White Burwood
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.