FOR SALE
$825,000-$865,000

48 Cutler Crescent
Churchill VIC 3842

Bedrooms: 7
Bathrooms: 4
Car spaces: 6
Land area: 4617m2
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High Rental Yield With Further Development Opportunities!!

RIC REALTY GROUP proud to present you this house with multiple opportunities situated on a sprawling over 1 Acre block. With its spacious layout, its offering main house, separate mancave area with kitchen/bath/Spa/Sauna, separate bungalow, storage sheds, greenhouse/veggie sheds & extra separate carports. It is a great opportunity for investors, currently leased for $700 per week and further potential for higher rental yield in future.
This prestigious living style property has been designed for multiple occupancies within a resort style designed environment, surrounded by every convenience including Churchill town centre, Woolworths, Federation university, Churchill leisure centre, Monash way, Princes Freeway and more.
This property offerings below features:
• Size over 1 Acre – 4617 sqm
• GRZ – General Residential Zone
• Development Potential
• 3 Separate Dwellings on 1 property - Main House, Bungalow & Granny Flat
• Suitable for investors - Earn Rent from 3 Dwellings
• Suitable for sub-divisions
Main House:
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Property Details for 48 Cutler Cres, Churchill

48 Cutler Cres, Churchill is a 7 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 4617m2. The place is currently for sale with RIC REALTY - RESIDENTIAL * INDUSTRIAL * COMMERCIAL.

Building Type
House
Land Size
4617m2

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About Churchill 3842

The size of Churchill is approximately 21.2 square kilometres. It has 15 parks covering nearly 6.1% of total area. The population of Churchill in 2011 was 4,943 people. By 2016 the population was 4,772 showing a population decline of 3.5% in the area during that time. The predominant age group in Churchill is 20-29 years. Households in Churchill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Churchill work in a trades occupation. In 2011, 68.5% of the homes in Churchill were owner-occupied compared with 65.6% in 2016.

Churchill has 2,658 properties. Over the last 5 years, Houses in Churchill have seen a 89.52% increase in median value, while Units have seen a 57.66% increase. As at 31 October 2024:

  • The median value for Houses in Churchill is $360,948 while the median value for Units is $311,343.
  • Houses have a median rent of $380.
There are currently 20 properties listed for sale, and 2 properties listed for rent in Churchill on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Churchill.

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RIC REALTY - RESIDENTIAL * INDUSTRIAL * COMMERCIAL
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