506 Hawthorn RoadCaulfield South VIC 3162
Property Details for 506 Hawthorn Rd, Caulfield South
506 Hawthorn Rd, Caulfield South is a 4 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 1461m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
Last Listing description (May 2024)
Starr Property Group proudly presents this magnificent 1461 sqm area which offers an exceptional opportunity for those seeking to do development of townhouses or apartments on rare piece of land area available on Hawthorn road , Caulfield South.
With one of the 718 sqm site, already approved with 10 Apartments makes this a fruitful project with another 743 sqm land area can also possibly get approved for another 10 Apartments (STCA) or together 1461 sqm land could also deliver 6 or more townhouses (STCA).
Property features includes :
CLOSE TO CAULFIELD HOSPITAL
CLOSE TO MONASH UNIVERSITY ,CAULFIELD
CLOSE TO NORTH ROAD, BRIGHTON BEACH
CLOSE TO BARS, SHOPS , CAFES ON GLEN HUNTLY ROAD & HAWTHORN ROAD
CLOSE TO CAULFIELD STATION & EASY ACCESSIBLE CITY TRAMS
EXPRESSION OF INTEREST CLOSES by 7th November 2023.
Located in the highly sought-after suburb of Caulfield South, this property is conveniently close to a range of amenities. Cafes, restaurants, and shops are just a short walk away, and public transport options are easily accessible.
With a price guide of $3,900,000-$4,000,000, this property represents incredible value for development site which not only fulfil the demand of people but also greater return to the developer as well .
Contact Honey Madan on 0433 335 807 today to arrange a private inspection and see for yourself the endless possibilities this property has to offer.
Note: - All stated dimensions are approximate only. Particulars given are for general Information only and do not constitute any representation on the part of the vendor or agent. The photo uploaded is just for illusion purposes !!
The only approval property has 10 Apartments on 718 sqm land rest everything is STCA.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist.
Property History for 506 Hawthorn Rd, Caulfield South, VIC 3162
- 24 Oct 2023Listed for Sale $3,600,000-$3,700,000
- 12 Apr 2021Listed for Sale Development Opportunity !!
- 04 Dec 2012Sold for $780,000
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About Caulfield South 3162
The size of Caulfield South is approximately 3.3 square kilometres. It has 3 parks covering nearly 4.9% of total area. The population of Caulfield South in 2011 was 11,270 people. By 2016 the population was 11,858 showing a population growth of 5.2% in the area during that time. The predominant age group in Caulfield South is 40-49 years. Households in Caulfield South are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield South work in a professional occupation. In 2011, 70.2% of the homes in Caulfield South were owner-occupied compared with 69.6% in 2016.
Caulfield South has 6,065 properties. Over the last 5 years, Houses in Caulfield South have seen a 15.81% increase in median value, while Units have seen a 6.77% increase. As at 31 October 2024:
- The median value for Houses in Caulfield South is $1,890,644 while the median value for Units is $837,392.
- Houses have a median rent of $800 while Units have a median rent of $650.
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