63 Alexandra Ave, Toorak Gardens is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1900. The property has a land size of 933m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Auction Saturday 12th March at 1pm
Set on an enormous land holding of 933sqm (approximately), this property is being offered to the market for first time in over 50 years and it may well be 50 more before an opportunity like this presents itself again.
The existing dwelling has been converted to a Maisonette, with each side currently tenanted on a periodic lease.
Get to work on renovating the property or keep the tenants while you get plans approved, both options are open to you! (subject to planning consents)
Please note that the existing dwelling has 'Contributory' item status with Burnside Council.
CT / 5297/124
Equivalent Building Area / 154 sqm approx.
Land Size / 933 sqm approx.
Council / City of Burnside
Rent return / $420 per week total
*Measurements approximate
Please make your own inquiries with the Burnside council regarding this properties contributory status to the heritage of the area.
Speak to TURNER Property Management about managing this property
#expectmore
*COVID Information for attending an Open Inspection:
Turner Real Estate is limiting the number of people attending opens at any one time. We ask that you remember to bring a mask to all open inspections and check in at the door with our QR code.
At times, there may be more people at the property than we can allow through at once. Please be patient with us as we work within the Government regulations and make sure there is a COVID safe environment for all attendees. We know this may take more time than a normal open and will allow for that. Where there is a longer time slot for viewing, consider coming later in the timeslot we will be there for the full duration of the advertised open time.
The size of Toorak Gardens is approximately 1.1 square kilometres. It has 2 parks covering nearly 1.6% of total area. The population of Toorak Gardens in 2011 was 2,491 people. By 2016 the population was 2,626 showing a population growth of 5.4% in the area during that time. The predominant age group in Toorak Gardens is 50-59 years. Households in Toorak Gardens are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak Gardens work in a professional occupation. In 2011, 73.5% of the homes in Toorak Gardens were owner-occupied compared with 71.3% in 2016.
Toorak Gardens has 1,176 properties.
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