3/4 Arcadia St, Box Hill South is a 2 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 147m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Superbly positioned on a peaceful residential street, surrounded by quality contemporary and character homes, this rare offering comprises three single level brick units on an expansive 874sqm block. With exciting growth potential, the classic units present an enticing opportunity for value adding contemporary updates and improvements, ideal for those seeking an excellent investment in a coveted location. Each set on their own individual title, the three units can also be sold separately in the future.
Set comfortably within the sought-after Box Hill High School zone, the units are also within walking distance of Roberts McCubbin Primary School, Aldi and local cafes, buses, Kingswood College, Aqualink and Gardiners Creek Trail. Box Hill Station, Box Hill TAFE, Box Hill Hospital and the vibrant Box Hill Central shopping and restaurant precinct are also within easy reach, ensuring a strong and enduring demand for rentals in the long term.
Set amidst leafy garden grounds, each brick unit features a spacious living room with a sun-drenched north facing outlook, a large kitchen with gas cooktop and generous meals area, and a private rear courtyard garden. Two good sized bedrooms are complemented by an airy central bathroom with separate bathtub, separate W/C and a full laundry, while each home also includes gas hot water and a single lock-up garage.
The size of Box Hill South is approximately 3.5 square kilometres. It has 12 parks covering nearly 15.8% of total area. The population of Box Hill South in 2011 was 7,699 people. By 2016 the population was 8,432 showing a population growth of 9.5% in the area during that time. The predominant age group in Box Hill South is 20-29 years. Households in Box Hill South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill South work in a professional occupation. In 2011, 67.9% of the homes in Box Hill South were owner-occupied compared with 67% in 2016.
Box Hill South has 4,510 properties. Over the last 5 years, Houses in Box Hill South have seen a 12.19% increase in median value, while Units have seen a 26.57% increase. As at 31 October 2024:
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