1/25 Wedd St, Cheltenham is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1977. The property has a land size of 293m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Now, THIS is one helluva Golden' opportunity, absolutely brimming with potential, promise - and beauty and appeal are just waiting to be revealed!
Classic, all-original properties in such excellent, solid condition are a very rare find these days. And in an address so highly in demand, those awaiting an affordable opportunity to unpack here will know that a real estate opportunity like this is unlikely to arise again any time soon.
Cheltenham's coveted Golden Triangle' is renowned for its classic, beautifully refurbished and new homes, leafy, tree-lined streets, parks, its family-friendly atmosphere, walking proximity to absolutely everything, and of course, its entry into the area's most esteemed schools - Mentone Girls' & Parkdale Secondary - not to mention some of Melbourne's finest private schools nearby as well.
At the front of only two; situated at the end of a cul-de-sac-like street with street frontage, it's own private driveway, double garage and a large separately titled landholding of 262 sqm (approx).
Take a step back in time upon entry - this charming, 1970's house-sized classic is all-original but in immaculate condition throughout - it's immediately obvious this was an impressive home in its era. Still today, the opportunity for those seeking a worthy project to sink their teeth into with grand potential to add genuine value - through either minor cosmetic updates to the original design or a luxury full-scale renovation.
Comprising three generous bedrooms with robes - the master with a walk-in robe and a two-way ensuite - plus a family bathroom servicing bedrooms 2 & 3 and a separate laundry.
A wide entry hall leads to the large formal lounge, an adjoining open dining and spacious kitchen. Outdoors, garden, lawn, plenty of paving and great space around all sides of the home, and high brick fencing to the front ensuring you can enjoy it in privacy.
Life is good in this beautiful part of Cheltenham - handy to the station, buses, shops, cafes, and only minutes to DFO and Southland shopping centres, the beach, bay trail, golf courses and everything in between. Potential rent $340-$370 per week.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2011 was 20,291 people. By 2016 the population was 22,311 showing a population growth of 10.0% in the area during that time. The predominant age group in Cheltenham is 40-49 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.6% of the homes in Cheltenham were owner-occupied compared with 71% in 2016.
Cheltenham has 14,770 properties. Over the last 5 years, Houses in Cheltenham have seen a 14.37% increase in median value, while Units have seen a 13.72% increase. As at 31 October 2024:
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