FOR SALE
$3,000,000 - $3,300,000

24C Hall Road
Carrum Downs VIC 3201

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1658m2
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DEVELOPMENT READY WITH PLANS & PERMITS

OUTSTANDING DEVELOPMENT OPPORTUNITY
PLANS & PERMITS APPROVED
TO CONSTRUCT LANDMARK 3 STOREY COMPLEX OF 20 DWELLINGS
Our Residential Projects Team is very proud to present this superb development site with endorsed plans and permits to construct an impressive three level apartment block of twenty (20) dwellings.
With a combination of accommodation styles, including ten (10) designed for specialist NDIS-SDA Dwellings, offering potential for extremely attractive returns.
Property Attributes:
• Large 1,658sqm* block in Melbourne's highly sought after South Eastern growth corridor
• High profile location
• 38.4 metre* frontage to Hall Road and side access Via Cividale Place
• General Residential Zone (GRZ)
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Property Details for 24c Hall Rd, Carrum Downs

Building Type
Commercial
Land Size
1658m2

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About Carrum Downs 3201

The size of Carrum Downs is approximately 20.2 square kilometres. It has 46 parks covering nearly 3.6% of total area. The population of Carrum Downs in 2011 was 19,122 people. By 2016 the population was 20,723 showing a population growth of 8.4% in the area during that time. The predominant age group in Carrum Downs is 30-39 years. Households in Carrum Downs are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Carrum Downs work in a trades occupation. In 2011, 70.5% of the homes in Carrum Downs were owner-occupied compared with 67.9% in 2016.

Carrum Downs has 12,547 properties. Over the last 5 years, Houses in Carrum Downs have seen a 27.75% increase in median value, while Units have seen a 27.99% increase. As at 31 October 2024:

  • The median value for Houses in Carrum Downs is $711,224 while the median value for Units is $564,735.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 12 properties listed for rent in Carrum downs on OnTheHouse. According to CoreLogic's data, 510 properties were sold in the past 12 months in Carrum downs.

Suburb Insights for Carrum Downs 3201

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George Begala
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Jane Webb
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Domo Real Estate
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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.