FOR SALE
Asking Price: $1,700,000

25 Coventry Street
Montmorency VIC 3094

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1368m2
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Approved Plans & Permits For Three Designer Dwellings

Your time is now to secure this brilliant 1368 square metre (approx) property with plans drawn to construct three bespoke townhouse residences. With permits already well progressed with council, the designs display intelligent, intuitive architecture that reflects the needs of today’s discerning home buyers.
Brilliantly located between fantastic schools, childcare services, enviable transport options, medical facilities and great shopping, this property represents brilliant value.
Abundant living spaces feature prominently in the designs that will have broad appeal - thanks to clever fittings and fixtures and generous outdoor entertaining precincts.
While you gear up, an honest three-bedroom home with gas heating, electric cooking, a big garage and plenty of off-street parking is already providing secure, healthy rental returns.
It’s obvious that this is the perfect spot for such a unique development. The parcel of land is ideal, it is broad and long and surrounded by substantial, quality real estate.
This property epitomises Montmorency, a suburb already famous for its amenity and rural village feel. And developments like the one proposed are hot property in this suburb, rarely getting past planning stages before prospective purchasers snap them up.
Choose to grab this window of opportunity and map out an exciting future.
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Property Details for 25 Coventry St, Montmorency

25 Coventry St, Montmorency is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1368m2. The place is currently for sale with Morrison Kleeman Eltham | Greensborough | Doreen.

Building Type
House
Land Size
1368m2

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About Montmorency 3094

The size of Montmorency is approximately 3.8 square kilometres. It has 18 parks covering nearly 7.1% of total area. The population of Montmorency in 2011 was 8,758 people. By 2016 the population was 8,939 showing a population growth of 2.1% in the area during that time. The predominant age group in Montmorency is 40-49 years. Households in Montmorency are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montmorency work in a professional occupation. In 2011, 80.1% of the homes in Montmorency were owner-occupied compared with 80.2% in 2016.

Montmorency has 4,459 properties. Over the last 5 years, Houses in Montmorency have seen a 31.20% increase in median value, while Units have seen a 25.92% increase. As at 31 August 2024:

  • The median value for Houses in Montmorency is $1,140,916 while the median value for Units is $812,969.
  • Houses have a median rent of $650 while Units have a median rent of $545.
There are currently 20 properties listed for sale, and 1 property listed for rent in Montmorency on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Montmorency.

Suburb Insights for Montmorency 3094

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Lucas Peressini
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Morrison Kleeman Eltham | Greensborough | Doreen
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.