19 Mace St, Prospect Vale is a 1 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 615m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in March 2010.
On behalf of the charity organisation, the St. Giles Society, we are pleased to offer this former shared group home facility for sale. With a council planning approval to convert the property into 4 x 1 bedroom units a lot of the hard work for a developer has already been done. Currently configured as 2 x 1 bedroom units and 4 x bedsits there could be numerous exciting redevelopment options for someone with an entrepreneurial flair. Built in 1983 and zoned as residential it may be suitable for rental accommodation, continue as a group home or converted into a private residence (all subject to council approval).
19 Mace Street, Prospect Vale - $315,000
Please call Peter McGillvery on (0418) 134110 to arrange for an inspection.
The size of Prospect Vale is approximately 10 square kilometres. It has 16 parks covering nearly 10.6% of total area. The population of Prospect Vale in 2011 was 5,020 people. By 2016 the population was 5,067 showing a population growth of 0.9% in the area during that time. The predominant age group in Prospect Vale is 50-59 years. Households in Prospect Vale are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Prospect Vale work in a clerical occupation. In 2011, 72.9% of the homes in Prospect Vale were owner-occupied compared with 70.9% in 2016.
Prospect Vale has 2,908 properties. Over the last 5 years, Houses in Prospect Vale have seen a 60.26% increase in median value, while Units have seen a 46.07% increase. As at 31 October 2024:
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