4-8 Mackie RoadBentleigh East VIC 3165
Property Details for 4-8 Mackie Rd, Bentleigh East
Last Listing description (November 2023)
****** Offers Under Review ******
Gross Waddell ICR is pleased to be selling 8 Mackie Road, Bentleigh East, a supersite located within a tightly held and flourishing precinct. Offering enormous frontage to Mackie Road, this land-rich property provides for a number of outcomes including future residential, medical or childcare redevelopment (STCA) or utilisation of the existing improvements for an on-going use.
Prominent 1,902 sqm* landholding within a highly coveted Bentleigh East locale
Significant improvements comprising former church, hall and existing parking
Favourably zoned Neighbourhood Residential Zoning (NRZ1) under the Glen Eira planning scheme and boasting a 48 m* frontage
Ideal for occupation, conversion to medical or childcare or for future residential development including apartments or townhouses (STCA)
Bustling lifestyle locality metres from the Centre Road retail precinct and a plethora of lifestyle amenity including; GESAC, Duncan McKinnon Reserve, Yarra Yarra golf course, Links Shopping Centre and Chadstone Shopping Centre
Surrounded by a number of Melbourne's leading schools including Coatsville Primary, St Peters Primary, Bentleigh Secondary, St Bedes Secondary, McKinnon High School and many more
Ideal connectivity with easy access to Warrigal Road, North Road, Dingley Bypass and Bentleigh train station
Highly coveted inner ring suburb with a median house price of $1,420,000 (source REIV)
For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.
*approx.
Property History for 4-8 Mackie Rd, Bentleigh East, VIC 3165
- 15 Feb 2024Sold for $3,550,000
- 12 Oct 2023Listed for Sale Contact Agent
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About Bentleigh East 3165
The size of Bentleigh East is approximately 9 square kilometres. It has 16 parks covering nearly 9.6% of total area. The population of Bentleigh East in 2011 was 25,924 people. By 2016 the population was 27,656 showing a population growth of 6.7% in the area during that time. The predominant age group in Bentleigh East is 40-49 years. Households in Bentleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bentleigh East work in a professional occupation. In 2011, 76.5% of the homes in Bentleigh East were owner-occupied compared with 75% in 2016.
Bentleigh East has 14,075 properties. Over the last 5 years, Houses in Bentleigh East have seen a 24.17% increase in median value, while Units have seen a 26.80% increase. As at 31 August 2024:
- The median value for Houses in Bentleigh East is $1,429,114 while the median value for Units is $951,972.
- Houses have a median rent of $725 while Units have a median rent of $770.
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