FOR SALE
$1,100,000 - $1,200,000

13 Milleara Road
Keilor East VIC 3033

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 690m2
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Real estate rarity: Two titles to be sold as one.

SALE BY SET DATE CLOSES MONDAY 2ND DECEMBER 2024 AT 6.00PM (UNLESS SOLD PRIOR)
A rare investment and redevelopment opportunity exist with the sale of these two separately titled properties to be sold as one lot. Boasting a prized corner block and combined land area measuring approximately 690m2 are 13 Milleara Road, Keilor East (identified as lot 1) with a block size of approx. 520m2 and 38 Woorite Place, Keilor East (identified as lot 2), block size approx. 170sqm. Offering a myriad of options, including outstanding scope for dual-occupancy project or new build site, this is an unmissable opportunity for motivated developers, investors and modern home builders (subject to all relevant approvals). Walking distance from Centreway shops, Penleigh and Essendon Grammar, parklands and transport, with Keilor Road cafés, restaurants, Westfield, La Manna, Essendon Fields and freeways to the CBD at your fingertips. Lot 1 includes an existing three bedroom, one bathroom brick veneer home with kitchen/meals and two living zones. Lot 2 has an existing double garage, accessed from Woorite Place. Currently leased on a month by month basis.
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Property Details for 13 Milleara Rd, Keilor East

13 Milleara Rd, Keilor East is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 690m2. The place is currently for sale with BARRY PLANT KEILOR EAST.

Building Type
House
Land Size
690m2

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About Keilor East 3033

The size of Keilor East is approximately 9.7 square kilometres. It has 44 parks covering nearly 35.8% of total area. The population of Keilor East in 2011 was 13,259 people. By 2016 the population was 14,526 showing a population growth of 9.6% in the area during that time. The predominant age group in Keilor East is 40-49 years. Households in Keilor East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keilor East work in a professional occupation. In 2011, 81.1% of the homes in Keilor East were owner-occupied compared with 79.1% in 2016.

Keilor East has 7,292 properties. Over the last 5 years, Houses in Keilor East have seen a 19.63% increase in median value, while Units have seen a 13.69% increase. As at 30 September 2024:

  • The median value for Houses in Keilor East is $997,710 while the median value for Units is $765,539.
  • Houses have a median rent of $580 while Units have a median rent of $600.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Keilor east on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Keilor east.

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Walter Mahch
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Jordan Mahch
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BARRY PLANT KEILOR EAST
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