22 Fawkner StreetAberfeldie VIC 3040
Property Details for 22 Fawkner St, Aberfeldie
22 Fawkner St, Aberfeldie is a 3 bedroom, 2 bathroom House. The property has a land size of 572m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Aberfeldie in the last 12 months.
Last Listing description (March 2024)
Presenting a unique opportunity, this corner block on 572sqm with ample parking, previously operating as a highly esteemed Medical GP Clinic for over four decades, now offers an array of exciting possibilities.
Option 1: Upgrade and Renew
With a little refurbishment, the premises can be revitalized to serve as a cutting-edge Medical or Health and Well-Being facility. Take advantage of the existing permit for medical use and modernize the space to meet the evolving needs of the community.
Option 2: Redevelopment Potential
Explore the potential of transforming the property into residential dwellings. Drawing inspiration from the neighboring townhouses or single dwellings, this prime location presents an opportunity for a residential redevelopment (subject to council approval).
Option 3: Renovate and Reimagine
Alternatively, envision a stunning 5-room home in the heart of a central location. With a touch of renovation, this property can be transformed into a modern living space that perfectly caters to your lifestyle preferences.
Spanning approximately 572m2 (approx.) of land, this property benefits from a favorable Residential zoning with an existing permit for medical use. Its advantageous location offers convenient access to shopping centers, hospitality establishments, public transportation, and reputable schools. The proximity to Aberfeldie Primary, Ava Maria College, and Our Lady of Nativity ensures a thriving educational environment for families.
Embrace this extraordinary opportunity to shape the future of this versatile property. Whether you choose to renew, redevelop, or renovate, the possibilities are endless. Act now and unlock the potential of this prime location.
Property History for 22 Fawkner St, Aberfeldie, VIC 3040
- 15 Sep 2023Sold for $1,550,000
- 11 Jul 2023Listed for Sale $1,550,000
- 30 Jun 2012Transferred
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About Aberfeldie 3040
The size of Aberfeldie is approximately 1.6 square kilometres. It has 5 parks covering nearly 18.2% of total area. The population of Aberfeldie in 2011 was 3,621 people. By 2016 the population was 3,891 showing a population growth of 7.5% in the area during that time. The predominant age group in Aberfeldie is 40-49 years. Households in Aberfeldie are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Aberfeldie work in a professional occupation. In 2011, 73.6% of the homes in Aberfeldie were owner-occupied compared with 75.3% in 2016.
Aberfeldie has 2,001 properties. Over the last 5 years, Houses in Aberfeldie have seen a 44.85% increase in median value, while Units have seen a 30.14% increase. As at 31 July 2024:
- The median value for Houses in Aberfeldie is $1,884,760 while the median value for Units is $723,355.
- Houses have a median rent of $600 while Units have a median rent of $488.
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