FOR SALE
$2,070,000

88 Kooyong Road
Caulfield North VIC 3161

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 414m2
Land area: 414m2
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Transformative Potential In A Commercial Hub

The Phone Code for this property is: 21195. Please quote this number when phoning or texting.
Seize the exciting potential of this freestanding Edwardian classic, offering comfortable living along with vast potential for transformation. Sited on approximately 413 square metres, the property presents the opportunity to modernise and/or extend, or to explore the enticing prospect of leveraging its coveted commercial zoning. Imagine the possibilities: an office block, a mix of retail and residential, or a bespoke residential development (STCA), all while generating income from the rentable home as you refine your vision and plans.
A traditional wraparound verandah creates a delightful introduction to the high-ceilinged hallway within. The living room, with a bay window and an ornate ornamental fireplace, radiates a welcoming ambience. Two bedrooms, each featuring their own ornamental fireplaces, continue the theme of classic charm. The journey through the floorplan culminates in an updated kitchen complete with a meals area. Additional amenities include a well-appointed bathroom and laundry, complemented by the convenience of a second toilet. The generous backyard features a sizeable bungalow that can double as a third bedroom. Enhancing the functionality of the home is the inclusion of Underground 3-phase power and two garden sheds.
The convenience of the location is nothing short of exceptional. Positioned within a stone's throw of trams to the city, vibrant Carlisle Street's array of cafes and shops, Caulfield Park, and local restaurants and takeaway outlets, this is an unmissable opportunity to create something truly extraordinary, be it a dream home or a groundbreaking commercial venture, in one of the area's most sought-after locales.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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Property Details for 88 Kooyong Rd, Caulfield North

88 Kooyong Rd, Caulfield North is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 414m2 and floor size of 414m2. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

Building Type
House
Floor Size
414m2
Land Size
414m2

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About Caulfield North 3161

The size of Caulfield North is approximately 4.2 square kilometres. It has 4 parks covering nearly 6.9% of total area. The population of Caulfield North in 2011 was 14,553 people. By 2016 the population was 15,262 showing a population growth of 4.9% in the area during that time. The predominant age group in Caulfield North is 20-29 years. Households in Caulfield North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield North work in a professional occupation. In 2011, 61.8% of the homes in Caulfield North were owner-occupied compared with 58.8% in 2016.

Caulfield North has 10,520 properties. Over the last 5 years, Houses in Caulfield North have seen a 4.89% increase in median value, while Units have seen a 0.06% increase. As at 30 November 2024:

  • The median value for Houses in Caulfield North is $2,355,293 while the median value for Units is $649,595.
  • Houses have a median rent of $798 while Units have a median rent of $580.
There are currently 30 properties listed for sale, and 18 properties listed for rent in Caulfield north on OnTheHouse. According to CoreLogic's data, 410 properties were sold in the past 12 months in Caulfield north.

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