24 Sandford StreetHighett VIC 3190
Property Details for 24 Sandford St, Highett
24 Sandford St, Highett is a 7 bedroom, 3 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 1534m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in July 2001.
Last Listing description (July 2024)
Discover an unparalleled residential development opportunity at 22 & 24 Sandford St, Highett. Spanning an expansive 1534 square metres, this prime parcel of land is a developer's dream, offering endless possibilities for creating a modern, vibrant living space in one of Melbourne's most sought-after suburbs.
Currently hosting two, liveable & rentable, residential houses, this site is ripe for transformation, with the potential to construct 24+ luxury apartments with its current zoning and the possibility of up to 6 storeys with Vic Plans future plans. Imagine a stylish, contemporary complex designed to meet the growing demand for high-quality housing in Highett, a suburb known for its perfect blend of urban convenience and suburban tranquillity.
The location is unbeatable-just minutes away from Highett train station, bustling local cafes, chic boutiques, and well-regarded schools. Residents will relish the proximity to Southland Shopping Centre, a premier destination for retail and entertainment, and the lush green expanses of Highett Reserve.
This development site promises not only an attractive return on investment but also the chance to contribute to the area's evolving landscape, enhancing its appeal to young professionals, families, and downsizers alike. Seize this rare opportunity to shape the future of 22 & 24 Sandford St, Highett, and create a landmark residential address in this thriving community.
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.
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Property History for 24 Sandford St, Highett, VIC 3190
- 04 Jun 2024Listed for Sale Expressions of Interest
- 24 Jul 2001Sold for $381,000
- 16 Sep 1997Sold for $247,000
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About Highett 3190
The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of total area. The population of Highett in 2011 was 10,263 people. By 2016 the population was 10,452 showing a population growth of 1.8% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation. In 2011, 71.7% of the homes in Highett were owner-occupied compared with 68.6% in 2016.
Highett has 7,132 properties. Over the last 5 years, Houses in Highett have seen a 19.60% increase in median value, while Units have seen a 8.32% increase. As at 31 October 2024:
- The median value for Houses in Highett is $1,448,435 while the median value for Units is $705,267.
- Houses have a median rent of $685 while Units have a median rent of $568.
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