34 Day Rd, Cheltenham is a 5 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 2177m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
CBRE as the exclusive sales agent are pleased to present 34 Day Road, Cheltenham to the market. The site represents a prime DA Approved development opportunity in the neighbourly residential community of Cheltenham. The battle-axe site is one of the last remaining DA Approved subdivisions within the leafy north-west suburb. Favourable planning controls add to the appeal of the property. The site is DA Approved for a 2 lot residential subdivision with potential for a third lot, providing an incoming developer with an attractive opportunity to capitalise on Sydney's tightening rental market & residential stock shortages. The property affords the opportunity to develop and sell, or the ability to build your dream home among an affluent demographic.
34 Day Road, Cheltenham benefits from the following key attributes:
The size of Cheltenham is approximately 1.7 square kilometres. It has 12 parks covering nearly 24.8% of total area. The population of Cheltenham in 2011 was 2,066 people. By 2016 the population was 2,259 showing a population growth of 9.3% in the area during that time. The predominant age group in Cheltenham is 50-59 years. Households in Cheltenham are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 89.8% of the homes in Cheltenham were owner-occupied compared with 88.6% in 2016.
Cheltenham has 849 properties. Over the last 5 years, Houses in Cheltenham have seen a 76.68% increase in median value, while Units have seen a 20.16% increase. As at 30 September 2024:
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