38 Lucknow StreetMitcham VIC 3132
Property Details for 38 Lucknow St, Mitcham
38 Lucknow St, Mitcham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 778m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Mitcham in the last 12 months.
Last Listing description (October 2024)
Set on a sweeping 778sqm corner block with a sun-drenched north facing frontage, this classic red-blue clinker brick residence presents an exceptional opportunity for a range of possibilities.
The existing home has been well maintained and recently updated, it showcases lofty high ceilings, gleaming polished timber floorboards and ornamental cornices, with a formal living room overlooking leafy established gardens through original sash windows and a Rinnai gas log fire.
The home offers a modern kitchen with gas cooktop, dishwasher and Smeg oven, a casual meals area adjacent to the kitchen and a separate utility room with a full laundry. A spacious second living room at the rear flows out to a large, elevated, timber alfresco area, ideal for year-round dining and entertaining. Also included are ducted heating, evaporative cooling and a double lock-up garage.
Three carpeted, light filled bedrooms include two with built-in wardrobes, complemented by a central bathroom with shower and bathtub with a large, secure, family-friendly garden incorporating a chicken coop and cubby house at the rear.
The existing home is ideal for family living, offering a flowing floorplan and generously proportioned spaces while the fully fenced expansive back garden offers abundant space for an impressive extension (STCA) to optimise the elegant clinker brick facade or provides an excellent rental prospect for those looking to add to their property portfolio.
Alternatively, astute buyers or developers will relish the coveted corner block and the fully approved permits to build two standalone contemporary townhouses in a highly sought-after family neighbourhood filled with elegant heritage and newly built residences:
Approved dwelling 1: A spacious double story 4-bedroom, 3-bathroom home with a double lock-up garage and a frontage to Lucknow Street.
Approved dwelling 2: An equally impressive double story 4-bedroom, 5-bathroom home with a double lock-up garage and a frontage to Ronald Street.
Both designs promise to deliver modern comfort and style on their own title, perfectly suited to the discerning homeowner or tenant without the need for a body corporate.
Ideally positioned in a sought-after, leafy pocket of Mitcham where you can hear the Kookaburras singing in the trees, this property is within easy walking distance of local Rangeview village shopping and cafes, buses, Lucknow Court Reserve and Mitcham train station. The location is also just moments from Mount Pleasant Road Primary School, Mullauna Secondary College, and Mitcham, Forest Hill Chase and Eastland shopping centres.
This is a rare chance to secure a well-maintained classic clinker brick residence on a large corner block in a highly sought-after area, with the added advantage of having development plans already approved and in place. Whether you're looking to make the recently updated property your forever home, rent it out as part of your property portfolio, develop it for resale or build your dream home, this property offers it all.
Property History for 38 Lucknow St, Mitcham, VIC 3132
- 13 Nov 2024Sold for $1,310,000
- 23 Oct 2024Listed for Sale $1,250,000 - $1,350,000
- 04 Jan 2022Listed for Rent $500 / week
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0About Mitcham 3132
The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of total area. The population of Mitcham in 2011 was 14,812 people. By 2016 the population was 16,136 showing a population growth of 8.9% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation. In 2011, 73.1% of the homes in Mitcham were owner-occupied compared with 69.8% in 2016.
Mitcham has 9,304 properties. Over the last 5 years, Houses in Mitcham have seen a 12.74% increase in median value, while Units have seen a 13.46% increase. As at 30 November 2024:
- The median value for Houses in Mitcham is $1,155,276 while the median value for Units is $777,326.
- Houses have a median rent of $600 while Units have a median rent of $530.
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