FOR SALE
$290,000 - $310,000

123B/1 Colombo Street
Mitcham VIC 3132

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
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Perfect Investment in the Heart of Mitcham

Discover your ideal retreat in the heart of Mitcham with this stylish and convenient one-bedroom apartment. Nestled within the sought-after Colombo complex, this residence offers a perfect blend of modern living and urban convenience.
Located on the ground floor, this apartment boasts a spacious living area overlooking a sparkling kitchen featuring stone benches and stainless steel appliances, including a gas cooktop and dishwasher. The modern bathroom impresses with a double shower and laundry facilities, ensuring practicality and comfort.
Positioned for utmost convenience, residents enjoy easy access to Mitcham's vibrant cafes, shops, and public transport, with the Mitcham Railway Station just across the street. For leisure and recreation, nearby reserves, trails, and sporting grounds provide ample opportunities to unwind and enjoy the outdoors.
Additional features of this residence include split system heating and cooling, secure parking with a storage cage, and access to a paved courtyard, perfect for relaxation or entertaining.
Experience the ultimate in urban living with this elegant apartment, where convenience meets comfort. Don't miss out on this ideal property arrange an inspection today.
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Property Details for 123b/1 Colombo St, Mitcham

123b/1 Colombo St, Mitcham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 55m2. The place is currently for sale with McGrath Blackburn.

Building Type
Unit
Floor Size
55m2

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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2011 was 14,812 people. By 2016 the population was 16,136 showing a population growth of 8.9% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation. In 2011, 73.1% of the homes in Mitcham were owner-occupied compared with 69.8% in 2016.

Mitcham has 9,304 properties. Over the last 5 years, Houses in Mitcham have seen a 12.74% increase in median value, while Units have seen a 13.46% increase. As at 30 November 2024:

  • The median value for Houses in Mitcham is $1,155,276 while the median value for Units is $777,326.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 32 properties listed for sale, and 5 properties listed for rent in Mitcham on OnTheHouse. According to CoreLogic's data, 390 properties were sold in the past 12 months in Mitcham.

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Elliot Kyriakou
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Chris Manolopoulos
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McGrath Blackburn
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