40 Cook RoadMitcham VIC 3132
Property Details for 40 Cook Rd, Mitcham
40 Cook Rd, Mitcham is a 4 bedroom, 2 bathroom Townhouse and was built in 1965. The property has a land size of 877m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (May 2022)
Placed on a generous 877 sqm (approx.) block which is home to 2 well-appointed and spacious units which are on the one title, this magnificent Mitcham opportunity is sure to capture the attention of developers and investors alike.
The properties and block itself enjoy dual frontage, with access from Cook Road itself as well as a laneway at the rear. This is a rare prospect and sure to be loved by investors, who can earn wonderful rental returns from both of the properties (one property is currently leased out). The large land size also opens this home up to those who want to redevelop the block entirely, whether it be a bespoke modern family home or townhouses (all STCA).
Both properties have a similar floor plan and the units themselves are a breeze to live in and are presented to an excellent standard, with each property delivering expansive living and dining, tasteful kitchen with quality appliances, 2 bedrooms with BIRs, modern bathroom, laundry, heating and cooling, easy outdoor space, and a single garage.
So close to Mitcham Shopping Centre, Eastland Shopping Centre, Ringwood Square Shops with Costco and ALDI supermarkets, Antonio Park, Simpson Park, Mullauna Secondary College, Antonio Park Primary School, buses, Eastlink, and Mitcham Station.
Don't miss out on this great opportunity and contact Sunny Gill or Gary Ng today to secure this wonderful land in Mitcham!
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
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Property History for 40 Cook Rd, Mitcham, VIC 3132
- 29 Jul 2021Sold for $1,350,000
- 16 Jul 2021Listed for Sale $1,345,000 - $1,395,000
- 12 Dec 2003Sold for $422,400
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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 9,242 properties. Over the last 5 years, Houses in Mitcham have seen a 26.65% increase in median value, while Units have seen a 11.96% increase. As at 31 August 2024:
- The median value for Houses in Mitcham is $1,179,310 while the median value for Units is $708,155.
- Houses have a median rent of $590 while Units have a median rent of $520.
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