22 Neerim St, Melton South is a 3 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 580m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Perfectly located close to schools, shops and transport in the ever popular Melton South, this home presents as the perfect investment opportunity.
This wonderful home comprises of 3 bedrooms with BIR's, formal lounge, meals area and updated kitchen boasting S/S appliances & timber bench tops.
Whilst other features include reverse cycle split system, small pergola, double detached garage all sitting on a great block size of approx 580m2. With a quality tenant in the home on a lease at $330 per week.
The opportunity doesn't end here though. This property comes with plans for future development of a single lock up garage double story town house/ unit comprising of a generous size living space down stairs and kitchen with walk in pantry.
Upstairs you will find three bedrooms, one with BIR's two with WIR's, main bathroom and also featuring a study.
This is one not to be missed if you are looking to grow your portfolio
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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 7,612 properties. Over the last 5 years, Houses in Melton South have seen a 30.07% increase in median value, while Units have seen a 12.59% increase. As at 31 August 2024:
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