FOR SALE
$2,900,000 - $3,190,000

37 Gnarwyn Road
Carnegie VIC 3163

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 1626m2
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Sat 7 Dec 3:00 pm
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GRAND DEVELOPMENT OPPORTUNITY IN CARNEGIE

Welcome to 37 Gnarwyn Road, Carnegie – a remarkable property brimming with potential. Resting on an expansive 1,626 sqm block, this rare block offers an unparalleled opportunity for development in a highly sought-after location.
The residence itself boasts five generously sized bedrooms, each designed with comfort and style in mind. Three well-appointed bathrooms cater to the needs of a growing family, ensuring convenience and privacy for everyone. The living spaces are expansive, with a layout that promotes a seamless flow between indoor and outdoor areas.
The true highlight of this property, however, is its vast land size. Spanning an impressive 1,626 sqm, the possibilities for development are endless. Whether you envision subdividing the land, building multiple dwellings, or creating a luxurious family estate, this property offers the space and potential to bring your vision to life. The substantial block size is a rare find in Carnegie, making this a unique opportunity in the thriving real estate market.
Situated in the heart of Carnegie, this property is perfect for investors looking to capitalize on the land's vast potential or families seeking a substantial residence with room to grow. It is perfectly positioned to take advantage of Carnegie's many amenities. Enjoy easy access to trams, trains, R M Lord Park, Carnegie Primary School, local shops, cafes and restaurants, all while being just a short drive from Melbourne's city center.
Don't miss out on this unique chance to secure a property with endless possibilities. Contact us today to explore the potential of 37 Gnarwyn Road, Carnegie, and make this exceptional property your own.
*Photo ID required at all First National JXRE open for inspections and auctions. First National JXRE may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information
in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 37 Gnarwyn Rd, Carnegie

37 Gnarwyn Rd, Carnegie is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1626m2. The place is currently for sale with First National JXRE.

Building Type
House
Land Size
1626m2

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About Carnegie 3163

The size of Carnegie is approximately 3.7 square kilometres. It has 5 parks covering nearly 6% of total area. The population of Carnegie in 2011 was 16,299 people. By 2016 the population was 17,399 showing a population growth of 6.7% in the area during that time. The predominant age group in Carnegie is 20-29 years. Households in Carnegie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carnegie work in a professional occupation. In 2011, 55.8% of the homes in Carnegie were owner-occupied compared with 52.4% in 2016.

Carnegie has 11,752 properties. Over the last 5 years, Houses in Carnegie have seen a 12.57% increase in median value, while Units have seen a -2.72% decrease. As at 31 October 2024:

  • The median value for Houses in Carnegie is $1,591,202 while the median value for Units is $610,607.
  • Houses have a median rent of $728 while Units have a median rent of $530.
There are currently 35 properties listed for sale, and 26 properties listed for rent in Carnegie on OnTheHouse. According to CoreLogic's data, 550 properties were sold in the past 12 months in Carnegie.

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