OFF MARKET

23 Wingrove Street
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 581m2
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Last updated 16 Dec 2024
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Property Details for 23 Wingrove St, Cheltenham

23 Wingrove St, Cheltenham is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 581m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
1960
Floor Size
95m2
Land Size
581m2
Local Government
Kingston
Lot/Plan
121/LP40649

Last Listing description (May 2020)

One optimistic buying opportunity, absolutely brimming with potential in one of Cheltenham's fastest transitioning neighbourhoods, this all-original brick home on an uncut 574sqm (approx) CORNER BLOCK is as rare as hen's teeth' and is unlikely to sit around for long, or arise again any time soon!

It's the developers, investors or land-bankers ever-elusive "unicorn" - and being a little rough around the edges is a dream-come-true for home buyers looking for a doorway into this prestige bayside location - minus the price tag!

With a generous 18.2m by 31.8m (approx) building canvas to play with and wide frontages onto both Wingrove Street and Darvall Court, the solid home comprises two large bedrooms, one bathroom, a separate toilet and a laundry.

Generous lounge room, an adjoining dining room and a separate kitchen and meals area. Plenty of outdoor space around all four sides of the home, a single garage, plus an adjoining storeroom and a shed.

The ultimate chance to acquire an affordable entry into this prized market, create your ideal family home - extend, enhance, and bring it back to its former glory; invest in a promising neighbourhood (current potential return: $330-$360 per week), rebuild, or subdivide and redevelop with the ability to divide into separately titled lots for maximum return on your investment (STCA)!

Just a block from local shopping/dining including IGA, post office, various restaurants, a pharmacy and bakery. Close to major retail/dining hotspots: Westfield Southland, DFO and Charman Road; parks, golf courses, public transport, the great bay trail and within moments walk from Cheltenham Secondary College and Le Page Primary (school zoned).

Seize the opportunity today because it won't come around again tomorrow!

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

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Property History for 23 Wingrove St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$950,500
07 Mar 2020
  • 07 Mar 2020
    Sold for $950,500
  • 12 Feb 2020
    Listed for Sale Under Contract

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About Cheltenham 3192

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 14,835 properties. Over the last 5 years, Houses in Cheltenham have seen a 10.81% increase in median value, while Units have seen a 9.48% increase. As at 30 November 2024:

  • The median value for Houses in Cheltenham is $1,159,955 while the median value for Units is $681,178.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 47 properties listed for sale, and 38 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 614 properties were sold in the past 12 months in Cheltenham.

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