FOR SALE
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270 Grimshaw Street
Watsonia North VIC 3087

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1770m2
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Magnificent Development Site for 10 Architecturally Designed Townhouses

Looking for a prime development site with endless potential? Look no further! We present to you an incredible opportunity at 270 Grimshaw Street, Watsonia North – a huge rectangle development site 1770 sqm (approx) with plans, permits and working drawings for 10 Architecturally designed townhouses all in a Blue Chip location.
Each home will feature 3 generously sized bedrooms and 2 bathrooms, open plan living area, leading out to a private courtyard, The design resonates with an air of sophistication, featuring a sensational chef's kitchen, reverse cycle heating and cooling. Within the secure setting of this gated community, huge double garage in basement with internal access, bike racks & Electric Charging points. Great mountain view from upstairs.
Commuting made easy! The convenience of being a stone's throw away from Watsonia Station means hassle-free travel to the heart of Melbourne. Just a short drive to shops and the Greensborough Plaza, you will have everything you need right at your doorstep. Seamlessly connect to the M80 Ring Road for quick and convenient access to the city and airport. & the proposed North East Link, beautiful parks and green spaces nearby, providing a serene escape from the bustle of daily life. Nestled in the heart of Watsonia North, this development site is perfectly situated for both urban convenience and suburban tranquillity.
This one-of-a-kind development is a fantastic opportunity not to be missed.
Home currently leased on a month to month lease @ $1847 pcm.
Plans, Permits & working drawings are available on request.
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Property Details for 270 Grimshaw St, Watsonia North

270 Grimshaw St, Watsonia North is a 3 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 1770m2. The place is currently for sale with Barry Plant - Bundoora.

Building Type
BlockOfUnits
Land Size
1770m2

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About Watsonia North 3087

The size of Watsonia North is approximately 1.5 square kilometres. It has 6 parks covering nearly 9.5% of total area. The population of Watsonia North in 2011 was 3,845 people. By 2016 the population was 3,834 showing a population decline of 0.3% in the area during that time. The predominant age group in Watsonia North is 30-39 years. Households in Watsonia North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watsonia North work in a professional occupation. In 2011, 86.5% of the homes in Watsonia North were owner-occupied compared with 85.7% in 2016.

Watsonia North has 1,494 properties. Over the last 5 years, Houses in Watsonia North have seen a 33.59% increase in median value, while Units have seen a 14.78% increase. As at 31 August 2024:

  • The median value for Houses in Watsonia North is $988,019 while the median value for Units is $697,858.
  • Houses have a median rent of $550 while Units have a median rent of $375.
There are currently 7 properties listed for sale, and 1 property listed for rent in Watsonia north on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Watsonia north.

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David Moxon
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Leanne Joyce
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Barry Plant - Bundoora
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