OFF MARKET

117 Nepean Street
Greensborough VIC 3088

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 557m2
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Last updated 16 Dec 2024
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Property Details for 117 Nepean St, Greensborough

117 Nepean St, Greensborough is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 557m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Floor Size
120m2
Land Size
557m2
Local Government
Banyule
Lot/Plan
371/LP64363

Last Listing description (February 2022)

Restore this Prime Opportunity

Online Auction Registration: https://anywhereauctions.com.au/app/property?propertyId=16646


**This property will be available for private one-on-one inspections during the times advertised. It is a requirement for buyers to book an appointment before attending any inspection - please contact the agent to arrange a suitable time**

Supremely positioned in a prize pocket of Greensborough with Diamond Village just blocks down the street this unmissable opportunity awaits for first home buyers, inspirational renovators, savvy investors or smart developers!

The possibilities are boundless with the 560m2 (approx.) allotment being freely accessible all the way to the rear yard and spacious home that offers a floor plan with great bones that is just yearning for it's new owners to revive it to its former glory. The existing layout introduces a generous living area that stretches from the front entry and captures the beautiful morning sunlight. The three robed bedrooms are generous in proportions and are serviced by the central bathroom and separate W/C. The open kitchen and dining area leave plenty of room for reconfiguration should you wish to adapt the area to the newest of trends and open it up further to the lounge. Outdoors the extra inclusion of a single garage and carport is a great bonus in addition to the spacious rear yard ready for enjoyment.

First home buyers, investors and developers will relish the choice of either living or possibly exploring the potential for further development (STCA) Buyers will be overwhelmed with potential, as homebuyers may follow the trend in the neighbourhood and start over again with a renovation or rebuild, or take an opportunity to develop for future investment (all STCA), or simply land bank for the future.

Land size : 560Sqm
Deposit: 10% of the purchase price
Chattels: All fixtures and fittings as inspected
Rental return $320-$350 pw approx

Property History for 117 Nepean St, Greensborough, VIC 3088

A timeline of how this property has performed in the market
Last Sold
$830,000
16 Oct 2021
  • 16 Oct 2021
    Sold for $830,000
  • 28 Sep 2021
    Listed for Sale Not Disclosed

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About Greensborough 3088

The size of Greensborough is approximately 10.2 square kilometres. It has 41 parks covering nearly 12.1% of total area. The population of Greensborough in 2011 was 20,552 people. By 2016 the population was 20,803 showing a population growth of 1.2% in the area during that time. The predominant age group in Greensborough is 40-49 years. Households in Greensborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greensborough work in a professional occupation. In 2011, 81.6% of the homes in Greensborough were owner-occupied compared with 80.4% in 2016.

Greensborough has 9,997 properties. Over the last 5 years, Houses in Greensborough have seen a 24.86% increase in median value, while Units have seen a 20.53% increase. As at 30 November 2024:

  • The median value for Houses in Greensborough is $1,051,536 while the median value for Units is $745,111.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Greensborough on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in Greensborough.

Suburb Insights for Greensborough 3088

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.