16 Richard Rd, Melton South is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Melton South in the last 12 months.
IN-ROOM AUCTION, Wednesday 31st of January at 6:30pm.
MacPherson Park Melton - Coburns Road, Toolern Vale 3337
BIDDING BY REGISTRATION ONLY.
This golden opportunity will appeal to builders, developers and renovators, a charming 3 bedroom, 1 bathroom residence awaits on a generous corner block spanning 584m2 of prime real estate. This property not only offers a comfortable and inviting home but also boasts incredible potential for development, making it a standout in the market. The 3 well-appointed bedrooms provide cozy retreats, while the central bathroom caters to the household's daily needs. The open living area is perfect for family gatherings and entertaining guests.
Situated on a spacious corner block, one of the standout features of this property is its expansive land size, presenting a myriad of possibilities for those with a vision for the future. Investors and developers will appreciate the potential for subdivision or additional construction on this 584m2 canvas. The strategic location of this property, near the highly regarded Coburn Primary School, adds to its allure, making it an ideal choice for families looking for a home with educational amenities close by.
Beyond the immediate appeal of the residence, the neighborhood of Melton South is experiencing growth and development, further enhancing the investment potential of this property. The corner block and its generous dimensions open doors to a range of development opportunities, allowing the savvy buyer to capitalize on the evolving real estate landscape.
Whether you're looking for a comfortable family residence or eyeing the potential for development, this property offers the best of both worlds. Don't miss out on this prime opportunity, contact us today to schedule a viewing and explore the endless possibilities that await.
The size of Melton South is approximately 5.4 square kilometres. It has 23 parks covering nearly 11.3% of total area. The population of Melton South in 2011 was 8,916 people. By 2016 the population was 11,516 showing a population growth of 29.2% in the area during that time. The predominant age group in Melton South is 30-39 years. Households in Melton South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton South work in a trades occupation. In 2011, 65.9% of the homes in Melton South were owner-occupied compared with 63.7% in 2016.
Melton South has 7,613 properties.
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