FOR SALE
$375,000

12 Macarthur Street
Sale VIC 3850

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Land area: 550m2
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POTENTIAL TWO LOT SUBDIVISION (STCA)

Unlock the potential of this fantastic 550m² corner block, perfectly positioned just a short walk from the Gippsland Center Sale Shopping Complex, CBD, schools, and the train station. This prime location offers easy access to all essential amenities, making it an ideal site for a two-lot subdivision (STCA). With a current rental income of $325 per week until July 26, 2026, you can enjoy steady cash flow while you plan your next move in this thriving area.
This flat block boasts a desirable zoning, allowing for versatile development options. Whether you're looking to build contemporary townhouses or a spacious family home (STCA), this property provides the perfect canvas to capitalize on the growing demand for housing in Sale. Don't miss this incredible opportunity to secure a valuable asset in a sought-after location—invest in your future today!
Disclaimer: Prospective purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. For a Due Diligence Checklist go to: http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 12 Macarthur St, Sale

12 Macarthur St, Sale is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 550m2. The place is currently for sale with Graham Chalmer Real Estate.

Building Type
House
Land Size
550m2

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About Sale 3850

The size of Sale is approximately 46 square kilometres. It has 35 parks covering nearly 2.8% of total area. The population of Sale in 2011 was 13,185 people. By 2016 the population was 13,673 showing a population growth of 3.7% in the area during that time. The predominant age group in Sale is 0-9 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation. In 2011, 64.9% of the homes in Sale were owner-occupied compared with 63.9% in 2016.

Sale has 8,716 properties. Over the last 5 years, Houses in Sale have seen a 54.82% increase in median value, while Units have seen a 59.54% increase. As at 30 September 2024:

  • The median value for Houses in Sale is $477,141 while the median value for Units is $316,981.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 150 properties listed for sale, and 37 properties listed for rent in Sale on OnTheHouse. According to CoreLogic's data, 327 properties were sold in the past 12 months in Sale.

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Matt Cutler
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Graham Chalmer Real Estate
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