FOR SALE
$1,450,000 - $1,550,000

3 Cheverton Road
Lower Plenty VIC 3093

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 1714m2
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Exciting Development Opportunity in Lower Plenty (with plans and permits)

Brimming with potential, this charming weatherboard home is set on a generous 1714m2 allotment (approx.), offering a fantastic development opportunity - to build your dream home or develop with approved plans and permits!
Currently rented, with two spacious bedrooms, a classic bathroom, and a flexible lounge that can serve as a third bedroom, this residence is perfect for families or investors looking to capitalise on the prime location.
The vintage kitchen and meals area flow seamlessly into a light-filled sunroom, creating a warm and inviting atmosphere. Additional features include gas heating, air conditioning, and a garage/workshop, ensuring comfort and practicality throughout the year. The private front hedging enhances the home's curb appeal, while the enormous leafy rear garden provides ample space for outdoor activities or future expansions.
Conveniently located just 600 metres from Lower Plenty shops and a short drive to Montmorency’s vibrant Were Street cafes and train station, this property is ideally positioned for a transformation that promises significant rewards. Don't miss your chance to explore the possibilities—inspect today and let your imagination run wild!
Features:
APPROVED Plans and permits for 3 dwellings
Classic weatherboard home, top Lower Plenty location
2 bedrooms, classic bathroom, flexible lounge/3rd bedroom
Vintage kitchen/meals, light-filled sun room
Gas heating, air conditioning, garage/workshop
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Property Details for 3 Cheverton Rd, Lower Plenty

3 Cheverton Rd, Lower Plenty is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1714m2. The place is currently for sale with Buckingham & Company Estate Agents - Greensborough.

Building Type
House
Land Size
1714m2

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About Lower Plenty 3093

The size of Lower Plenty is approximately 6.8 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Lower Plenty in 2011 was 3,782 people. By 2016 the population was 3,873 showing a population growth of 2.4% in the area during that time. The predominant age group in Lower Plenty is 40-49 years. Households in Lower Plenty are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower Plenty work in a professional occupation. In 2011, 79.9% of the homes in Lower Plenty were owner-occupied compared with 80.1% in 2016.

Lower Plenty has 2,002 properties. Over the last 5 years, Houses in Lower Plenty have seen a 43.19% increase in median value, while Units have seen a 16.37% increase. As at 30 November 2024:

  • The median value for Houses in Lower Plenty is $1,407,968 while the median value for Units is $690,634.
  • Houses have a median rent of $560 while Units have a median rent of $475.
There are currently 9 properties listed for sale, and no properties listed for rent in Lower plenty on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Lower plenty.

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Ryan Buckingham
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Wil Buckingham
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Buckingham & Company Estate Agents - Greensborough
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