124 Jukes Rd, Fawkner is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 590m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Expressions of Interest closing Friday 19th May at 6PM
Raphael Houston proudly presents...
A unique opportunity opposite Bonwick Street village in an iconic Fawkner location, this perfectly positioned 592 sqm (approx) landholding boasts desirable rectangular dimensions, unparalleled convenience, and a favourable orientation with the added benefit of flat land; all of which equates to an outstanding development opportunity.
Occupying a premier position in an area where capital investment is both encouraged and rewarded, Residential Growth Zone - Schedule 2 credentials indicate enormous investment and development opportunities (STCA).
Take inspiration from the host of new builds modernising the streetscape, and contribute your own unique multi-unit build. The potential for a range of developments is waiting to be realised. There is multiple 5-6 unit sites on similar blocks on the same street!
For the owner occupiers, the comfortable indoor atmosphere includes 3 comfortable bedrooms, a semi-renovated central bathroom and a large open plan that flows onto the back deck and yard.
Nowhere else in Fawkner can match this in-demand address for amenity and convenience. Opposite Bonwick village & Fawkner Leisure Centre, short walks to Gowrie station and Merri Creek are improved by easy-access to leading local schools.
Highlights
Flat, rectangular dimensions
Residential Growth Zone - Schedule 2
Substantial 592 sqm (approx) allotment
Landmark Fawkner location
Opposite Bonwick village & Fawkner Leisure Centre
Residential growth corridor
Development encouraged (STCA)
Landbank opportunity
Rental return of $2,042 per calender month (month to month rental)
The size of Fawkner is approximately 5.3 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016.
Fawkner has 6,451 properties. Over the last 5 years, Houses in Fawkner have seen a 14.12% increase in median value, while Units have seen a 22.56% increase. As at 31 October 2024:
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