OFF MARKET

41 Potts Road
Langwarrin VIC 3910

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 168m2
Land area: 1532m2
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Property Details for 41 Potts Rd, Langwarrin

41 Potts Rd, Langwarrin is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1939. The property has a land size of 1532m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1939
Floor Size
168m2
Land Size
1532m2
Local Government
Frankston
Lot/Plan
4/PS340223

Last Listing description (December 2019)

Boasting an enormous land size of 1525m2 (approx.) with approved plans and permit for 6 brand new townhouses, this property is perfectly suited to any builder or developer wanting to get started with a quick turnaround, or ideally suited to an astute investor with intentions to buy, hold and enjoy future capital growth in this booming location!The approved plans allow for 6 x generously sized townhouses, offering a mix of two and three bedroom floor plans, open plan living, two bathrooms and lock up garages.The existing family home is spacious, offers three bedrooms, two large living areas, expansive kitchen and family bathroom, all well-presented and in great condition throughout, ideal to be comfortably leased prior to starting construction. The current home also features ducted heating, wood heater, split system air con, polished floorboards, 900mm Smeg oven, dishwasher, ceiling fans and LED downlights. Externally you will find a large alfresco pergola provides year-round outdoor entertaining plus a huge 6 car garage / workshop / mancave.Positioned within the highly sought-after Woodlands Primary School Zone, within easy walking distance to Langwarrin Plaza (Safeway), public transport (route 789), local parks and reserves plus easy access to Westernport Hwy / M1, East Link and Peninsula Link.A flat 1525m2 (approx.) slice of prime real estate - A truly fantastic opportunity for any savvy investor or developer without the hassle of 'subject to council approval' or 'STCA'.Whether your strategy is to BUY and HOLD or immediately RE-DEVELOP make sure this property is added to your shortlist today!Should you require any further information, please contact Callum MacPherson on 0424 404 497 anytime. Please note photo ID is required at all inspections.

Property History for 41 Potts Rd, Langwarrin, VIC 3910

A timeline of how this property has performed in the market
Last Sold
$875,000
16 Feb 2021
  • 16 Feb 2021
    Sold for $875,000
  • 26 Apr 2019
    Listed for Sale $1,060,000-$1,165,000
  • 05 Dec 2018
    Listed for Sale $1,060,000-$1,165,000
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About Langwarrin 3910

The size of Langwarrin is approximately 28.8 square kilometres. It has 39 parks covering nearly 12.2% of total area. The population of Langwarrin in 2011 was 21,370 people. By 2016 the population was 22,580 showing a population growth of 5.7% in the area during that time. The predominant age group in Langwarrin is 40-49 years. Households in Langwarrin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Langwarrin work in a trades occupation. In 2011, 80% of the homes in Langwarrin were owner-occupied compared with 78.3% in 2016.

Langwarrin has 10,230 properties. Over the last 5 years, Houses in Langwarrin have seen a 30.59% increase in median value, while Units have seen a 32.32% increase. As at 31 October 2024:

  • The median value for Houses in Langwarrin is $858,607 while the median value for Units is $589,096.
  • Houses have a median rent of $590 while Units have a median rent of $495.
There are currently 79 properties listed for sale, and 10 properties listed for rent in Langwarrin on OnTheHouse. According to CoreLogic's data, 437 properties were sold in the past 12 months in Langwarrin.

Suburb Insights for Langwarrin 3910

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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.