1 Russell St, Mccrae is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2003m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Set on an enormous 2020sqm (approx) elevated allotment showcasing breathtaking panoramic views across Port Phillip Bay to the Heads, this timeless retro retreat with in-ground swimming pool presents an absolutely golden opportunity in a priceless location. Cute as a button with old-school 1960s charm, the home is loaded with possibilities to use as a groovy weekender, renovate or utilise the plans and permits already approved to extend the residence. The massive corner block also provides the perfect site to demolish and construct a contemporary dream home with priceless water views. The home features two living areas, including lounge/dining horseshoeing around the spacious kitchen, as well as large games room with built-in bar and wall of windows framing the coastline. Two of three bedrooms share the water views on the upper level, while on the lower level is a fourth bedroom and second bathroom in the laundry off the huge under-house area, with the potential to easily expand the size of this unique seaside sanctuary just 1km from the shoreline.
- Retro beach house with in-ground pool and million-dollar bay views
The size of Mccrae is approximately 4.3 square kilometres. It has 8 parks covering nearly 23.8% of total area. The population of Mccrae in 2011 was 2,543 people. By 2016 the population was 2,836 showing a population growth of 11.5% in the area during that time. The predominant age group in Mccrae is 60-69 years. Households in Mccrae are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mccrae work in a professional occupation. In 2011, 80.4% of the homes in Mccrae were owner-occupied compared with 77% in 2016.
Mccrae has 2,529 properties. Over the last 5 years, Houses in Mccrae have seen a 42.65% increase in median value, while Units have seen a 29.18% increase. As at 31 August 2024:
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