16 Mount Pleasant Rd, Eltham is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 4047m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Eltham in the last 12 months.
Astute purchasers will immediately recognise the huge potential of this site.
Situated in a prime position only moments to the iconic Montsalvat, it borders a hugely successful veterinary surgery and is opposite the busy service station - yet is walkable to the train station in under ten minutes. It's also moments from some of Melbourne's best schools and cycling trails.
It's arguably Eltham's most coveted area. It's a fabulous acre (approx) that is ideal for a multitude of uses (STCA), with the added benefit of two honest homes that are currently occupied and can easily be rented while you await permits and approvals (STCA).
Explore the almost endless business, commercial and residential development opportunities (STCA) on this generous, lightly treed, gently undulating acre (approx).
The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2011 was 18,162 people. By 2016 the population was 18,303 showing a population growth of 0.8% in the area during that time. The predominant age group in Eltham is 40-49 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation. In 2011, 85.6% of the homes in Eltham were owner-occupied compared with 85.5% in 2016.
Eltham has 8,555 properties. Over the last 5 years, Houses in Eltham have seen a 30.55% increase in median value, while Units have seen a 15.94% increase. As at 31 October 2024:
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