FOR SALE
PRIVATE SALE | $790k - $850k

702 Pascoe Vale Road
Oak Park VIC 3046

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 557m2
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Plans & Permits x2 ~557m2

Introducing 702 Pascoe Vale Road, Oak Park - an exceptional development opportunity that comes with plans and permits already approved for 2 Townhomes, each featuring a DOUBLE garage. This presents a unique opening for both renovation enthusiasts and forward-thinking developers. Positioned on a generous 557m2 allotment, this single-level, 3-bedroom home offers a perfect canvas for transformation or complete redevelopment. With the groundwork for a significant project already laid out. Imagine the possibility of constructing two luxurious Townhomes, each designed with ample space and convenience in mind, ready to cater to modern living standards. This is not merely a renovation project but a ready-to-initiate development venture in the highly sought-after Oak Park area. Located in a prime neighbourhood, the property is surrounded by essential amenities including schools, a diverse range of shops, cafes, restaurants, parklands, and excellent transport links. This opportunity is perfect for the discerning developer or investor looking to capitalise on the existing plans and permits, ensuring a project with a clear path to success and high return on investment.
Make your move today - Contact C+M Residential. 'Helping You Find Home'
THE UNDENIABLE:
• Single Level House
• Built-in 1950s approx.
• Land size of 557m2 approx.
• Building size of 12sq approx.
• Foundation: Stumps
• Plans & Permits
THE FINER DETAILS:
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Property Details for 702 Pascoe Vale Rd, Oak Park

702 Pascoe Vale Rd, Oak Park is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 557m2. The place is currently for sale with C+M Residential - Eview Group .

Building Type
House
Land Size
557m2

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About Oak Park 3046

The size of Oak Park is approximately 2.1 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Oak Park in 2011 was 5,772 people. By 2016 the population was 6,205 showing a population growth of 7.5% in the area during that time. The predominant age group in Oak Park is 30-39 years. Households in Oak Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Park work in a professional occupation. In 2011, 74.2% of the homes in Oak Park were owner-occupied compared with 69.6% in 2016.

Oak Park has 3,655 properties. Over the last 5 years, Houses in Oak Park have seen a 15.49% increase in median value, while Units have seen a 4.04% increase. As at 31 October 2024:

  • The median value for Houses in Oak Park is $1,023,255 while the median value for Units is $646,082.
  • Houses have a median rent of $600 while Units have a median rent of $495.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Oak park on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Oak park.

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Marwan Abdulwahed
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Frank Antonello
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C+M Residential - Eview Group
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