FOR SALE
ESR: $870,000 - $930,000

71 Bridge Street
Eltham VIC 3095

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 787m2
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Development Opportunity With Plans And Permits

Nestled in a prime Eltham location, this 787m2 allotment (approx.) delivers a sensational opportunity and a versatile canvas for investors, developers, and those with an eye for value and a vision for the future.
Located opposite extensive parklands, the station, dining, shopping, café, and entertainment options of Eltham are all within an easy walk.
Currently improved by a character-filled, warm, and welcoming two-bedroom home, ready to live in or let out, it is to be sold with approved plans and permits for a second dwelling.
Boasting three bedrooms (ground floor main with ensuite), family bathroom, study and open plan living extending to a generous deck, astute buyers can look to live in the current home while constructing the new dwelling and then moving across, fixing and flipping the original house or retaining it for rental income. (expected income $430 per week)
Alternatively, with such a high demand for quality homes in the area, there is a fabulous opportunity to update one, build the other and turn both over. (stca)
There is also the option to start over again, take advantage of the position and proportions with your plans, and introduce two new dwellings. (stca)
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Property Details for 71 Bridge St, Eltham

71 Bridge St, Eltham is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 787m2. The place is currently for sale with Morrison Kleeman Eltham | Greensborough | Doreen.

Building Type
House
Land Size
787m2

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About Eltham 3095

The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2011 was 18,162 people. By 2016 the population was 18,303 showing a population growth of 0.8% in the area during that time. The predominant age group in Eltham is 40-49 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation. In 2011, 85.6% of the homes in Eltham were owner-occupied compared with 85.5% in 2016.

Eltham has 8,547 properties.

    There are currently 26 properties listed for sale, and 1 property listed for rent in Eltham on OnTheHouse. According to CoreLogic's data, 328 properties were sold in the past 12 months in Eltham.

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    Gayle Blackwood
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    Morrison Kleeman Eltham | Greensborough | Doreen
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