OFF MARKET

103 Main Road
Monbulk VIC 3793

Bedrooms: 4
Bathrooms: 2
Car spaces: 7
Floor area: 153m2
Land area: 3620m2
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Property Details for 103 Main Rd, Monbulk

103 Main Rd, Monbulk is a 4 bedroom, 2 bathroom House with 7 parking spaces and was built in 1990. The property has a land size of 3620m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1990
Floor Size
153m2
Land Size
3620m2
Local Government
Yarra Ranges
Lot/Plan
1/TP379108

Last Listing description (August 2023)


Footsteps from the heart of Monbulk within the majestic Dandenong Ranges where iconic tourist attractions lie, this landmark near acreage property is rich in history and laden with possibilities including home business scope, with a variety of potential income streams; complete with a beautiful family residence and future potential development opportunity (STCA). One of the few remaining big blocks this close to town, theres even the option to enjoy now and land bank for future generations. The potential really is endless.

This iconic site has a long and distinguished history of retail trade in Monbulk over the last 80 years and has been home to Paddys Plants for the last 15 years and a range of retail plant and farm businesses prior including a general store in the early 1900s.
On offer is the family home, expansive land, with creek at the rear, plus extensive infrastructure (not the business) leaving you with the opportunity for a plethora of savvy business ventures including shedding that could be used as a cattery, aviary, nursery or for a family with a home business requiring space for vehicles and tools (STCA). Another option is to live in the house and lease out the land and infrastructure with a fabulous shop front that is well known in the area.

On offer is the family home, expansive land, with creek at the rear, plus extensive infrastructure (not the business) leaving you with the opportunity for a plethora of savvy business ventures including shedding that could be used as a cattery, aviary, nursery or for a family with a home business requiring space for vehicles and tools (STCA). Another option is to live in the house and lease out the land and infrastructure with a fabulous shop front that is well known in the area.

The home itself is set well back from the road, grounded in privacy and affords four bedrooms (master with walk-in robe and ensuite), a stunning open plan living zone warmed by a crackling wood fire and a gleaming kitchen with Smeg 900mm stainless-steel cooker and an Asko dishwasher. Two bedrooms have their own private external access (great for teens or in-laws or one could be utilised as a rumpus) and theres an enticing wrap-around deck for entertaining or relaxing in the outdoor spa. Beautiful gardens unfold featuring maples and ornamental trees for shade and youll never tire of pottering in the sunshine.

At the rear the property disappears into the gully where it meets the Nathania Springs Creek and has been transformed into a haven for wildlife including wallabies and wombats. It has also been set up for wholesale growing with half an acre dedicated to this purpose.

Located in a precinct prized by families for its fine village lifestyle, this is an opportunity to immerse your family in the wonderful Monbulk community. Enjoy an easy amble into town where you will find first-class cafes, restaurants, supermarkets and specialty stores and you are just a short walk to the Aquatic Centre, Sassafras Creek Walk and Monbulk Primary School.

At a Glance:
3620m2 (1/4 acre dedicated to retail business, acre dedicated to house and gardens and acre at rear dedicated to wholesale growing).
Four-bedroom, two-bathroom home with open plan living with wood fire and entertaining deck with spa.
Split system heating/cooling for seasonal comfort.
Solar power 5kW
Automated irrigation system, shade houses, shedding and a shopfront.
Retail business opportunity or flexible options for income streams.
Situated in Monbulk township in The Dandenong Ranges within minutes of iconic tourist attractions 60 minutes from Melbourne CBD.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 103 Main Rd, Monbulk, VIC 3793

A timeline of how this property has performed in the market
Last Sold
$1,200,000
18 May 2023
  • 18 May 2023
    Sold for $1,200,000
  • 22 Mar 2023
    Listed for Sale $1,090,000 - $1,190,000
  • 29 Sep 2022
    Listed for Sale $1,400,000 - $1,450,000
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About Monbulk 3793

The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2011 was 3,456 people. By 2016 the population was 3,583 showing a population growth of 3.7% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation. In 2011, 81.4% of the homes in Monbulk were owner-occupied compared with 79.4% in 2016.

Monbulk has 1,653 properties. Over the last 5 years, Houses in Monbulk have seen a 33.76% increase in median value, while Units have seen a 26.55% increase. As at 31 August 2024:

  • The median value for Houses in Monbulk is $873,179 while the median value for Units is $634,618.
  • Houses have a median rent of $670 while Units have a median rent of $5,280.
There are currently 10 properties listed for sale, and 1 property listed for rent in Monbulk on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Monbulk.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.