SOLD
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Sold on 06 Sep 2024 for $825,000

28 Schotters Road
Mernda VIC 3754

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 945m2
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Property Details for 28 Schotters Rd, Mernda

28 Schotters Rd, Mernda is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 945m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Mernda in the last 12 months.

Building Type
House
Land Size
945m2
Local Government
Whittlesea
Lot/Plan
1/LP206437

Last Listing description (September 2024)

INVITING NDIS OPERATORS, DEVELOPERS AND INVESTORS!!!!

Right outside Mernda railway station, you can grab this excellent investment opportunity of 4 NDIS villas. With 945 sqm of land and a solid brick house, the current rental return on this property is $36,000 per annum. The planning permit approved for multi-unit development and designed to meet NDIS High Physical Support Specialist Disability Accommodation Standards.

• Estimated rental return - 12% pa

• Estimated rent amount - $240,000 pa

Centrally located within easy reach to all the Amenities: Mernda Shopping Centre, Mernda PS, St Joseph's Catholic PS, Hazel Glen College, Ivanhoe Grammar, PlentyCampus, Gilson College, buses & Mernda Train Line.

Endless Opportunities to explore investment options, including Medical Centers, Childcare and Townhouses

For information on due diligence requirements, please visit Consumer Affairs Victoria's website at consumer.vic.gov.au/duediligencechecklist. For details regarding our Privacy Policy and Privacy Collection Notice, please refer to https://www.onegrouprealty.com.au/privacy-policy/

Please refer to the contract of sale and vendor statement for any/all material facts. Land size sourced from land.vic.gov.au. This document has been prepared solely for the marketing of this property. While every care has been taken to ensure the information provided herein is accurate, ONE GROUP Realty accepts no responsibility for any inaccuracies. Accordingly, all interested parties should conduct their inquiries to verify the information, including but not limited to land size.

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Property History for 28 Schotters Rd, Mernda, VIC 3754

A timeline of how this property has performed in the market
Last Sold
$825,000
06 Sep 2024
  • 06 Sep 2024
    Sold for $825,000
  • 09 Aug 2024
    Listed for Sale ESR: $800,000 - $850,000
  • 11 May 2023
    Listed for Sale Approved plan & permit!!
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About Mernda 3754

The size of Mernda is approximately 22.5 square kilometres. It has 104 parks covering nearly 9.4% of total area. The population of Mernda in 2011 was 6,507 people. By 2016 the population was 16,469 showing a population growth of 153.1% in the area during that time. The predominant age group in Mernda is 30-39 years. Households in Mernda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mernda work in a professional occupation. In 2011, 79.8% of the homes in Mernda were owner-occupied compared with 69.9% in 2016.

Mernda has 10,619 properties. Over the last 5 years, Houses in Mernda have seen a 26.53% increase in median value, while Units have seen a 17.43% increase. As at 31 October 2024:

  • The median value for Houses in Mernda is $726,272 while the median value for Units is $467,305.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 91 properties listed for sale, and 28 properties listed for rent in Mernda on OnTheHouse. According to CoreLogic's data, 439 properties were sold in the past 12 months in Mernda.

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