8 Olive RoadDevon Meadows VIC 3977
Property Details for 8 Olive Rd, Devon Meadows
8 Olive Rd, Devon Meadows is a 6 bedroom, 2 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 20100m2 and floor size of 293m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (October 2024)
Welcome to this exquisite family residence nestled on an expansive 2.01-hectare approx. allotment, presenting a rare opportunity for growing families, discerning buyers, and investors alike.
This generously proportioned home boasts 6 spacious bedrooms, 2 separate kitchens, and 2 bathrooms, making it ideal for dual or multi-generational living. Recently renovated to the highest standards, the interior features quality carpets, tiled flooring, and a redesigned kitchen with modern finishes. Spanning two levels, this home is sure to exceed your expectations.
The ground floor impresses with two large living areas perfect for entertaining, flowing seamlessly into the chef's style kitchen adorned with stone benches and stainless steel appliances. Additionally, two bedrooms with built-in robes, a family bathroom, and a separate toilet complete the ground-level accommodation.
Upstairs, discover four well-appointed bedrooms with built-in robes, serviced by a central bathroom and toilet. An additional living area provides ample space for relaxation and family gatherings, complemented by a sd kitchen offering added convenience.
Further enhancing comfort and sustainability, the home features a Kinara heater for warmth, 5kW solar panels, a dam, town water supply, two large water tanks, a septic tank, bottle gas connection, and two sheds.
This property epitomizes a lifestyle of convenience and tranquility, located just a short distance from shopping centers, schools, medical facilities, and the rapidly developing Botanic Ridge area.
Note: This residence currently yields an annual rental income of $65,000 under a lease agreement.
Don't miss out on this extraordinary opportunity to own a truly magnificent home.
We look forward to welcoming you at the private inspections. Please contact Manpreet Khangura at 0405 111 405 or Nitin Bhatia at 0432 426 688 to schedule your inspection appointment.
**PHOTO ID REQUIRED AT ALL INSPECTIONS**
DISCLAIMERS:
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor, agent or agency. Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.
Property History for 8 Olive Rd, Devon Meadows, VIC 3977
- 30 Jun 2024Listed for Sale $2,200,000-$2,420,000 -Rental Yield $1250 P/W
- 10 Aug 2023Listed for Rent $1,250 / week
- 15 Jun 2023Listed for Sale Not Disclosed
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0About Devon Meadows 3977
The size of Devon Meadows is approximately 23.4 square kilometres. It has 2 parks covering nearly 12.2% of total area. The population of Devon Meadows in 2011 was 1,606 people. By 2016 the population was 1,559 showing a population decline of 2.9% in the area during that time. The predominant age group in Devon Meadows is 50-59 years. Households in Devon Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Devon Meadows work in a trades occupation. In 2011, 84.2% of the homes in Devon Meadows were owner-occupied compared with 84.3% in 2016.
Devon Meadows has 633 properties. Over the last 5 years, Houses in Devon Meadows have seen a 29.37% increase in median value. As at 31 October 2024:
- The median value for Houses in Devon Meadows is $973,417 while the median value for Units is $655,024.
- Houses have a median rent of $800.
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