423 Nelson Rd, Mount Nelson is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 4606m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in January 2008.
423 & 423b Nelson Road: Two properties for the price of one! Stratum title potential
Potential to stratum title STCA the property!! This property will have immense appeal and is bound to suit either an extended family situation or the investor/developer given that there are 2 residences on a single title. It may be even possible STCA to build an additional dwelling.Huge selling points are the expansive grounds,swimming pool and filtered river views. There is also the delightful 2-3 bedroom weatherboard cottage at the entrance currently leased until February 2013 at $290 per week.
The allotment is extensive (1737m2) and beautifully landscaped with paved terracing,a fully fenced inground 12.5m swimming pool and the cabana poolside, perfect for entertaining. The accommodation extends over 2 levels and has a delightful retro look. Devotees of this style will appreciate the authenticity and features such as cathedral ceilings, exposed Oregon beams, lead light windows, freestone open fire place and a fully operational drinks bar. The kitchen and childrens' playroom are spacious with lime green accents. There are 4 bedrooms with a laundry, 2 bathrooms and a powder room servicing the accommodation. One bedroom is being utilised as a study. Cosy wood heating, ducted oil heating and double glazed windows provide comfort all year round to the open plan living, formal dining room and sunken lounge. The master bedroom facilities include a huge walk in dressing room, palatial ensuite and a separate shower room.
The size of Mount Nelson is approximately 5.9 square kilometres. It has 9 parks covering nearly 18% of total area. The population of Mount Nelson in 2011 was 2,432 people. By 2016 the population was 2,503 showing a population growth of 2.9% in the area during that time. The predominant age group in Mount Nelson is 60-69 years. Households in Mount Nelson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Nelson work in a professional occupation. In 2011, 71.5% of the homes in Mount Nelson were owner-occupied compared with 71% in 2016.
Mount Nelson has 1,288 properties. Over the last 5 years, Houses in Mount Nelson have seen a 39.84% increase in median value, while Units have seen a 43.09% increase. As at 30 September 2024:
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