48 Mt Pleasant Rd, Monbulk is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 973m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
This outstanding property only 850m from Main Road amenities is an immense opportunity for astute investors. Ready for renovation or redevelopment (STCA) in prime position steps from St Paul's Primary School, this is the perfect place to put property plans into action.
Set well back on its block is this generously proportioned weatherboard residence with single carport and single garage/workshop. From the covered verandah the interior opens to a cosy living area that has potential to be converted to a 3rd bedroom. The central lounge boasts a high ceilings and a wood fire. At the rear of the residence, the large kitchen with expansive island and freestanding gas range provides plenty of space for gathering. With 2 ample bedrooms with wallpaper accents, a bathroom with spa tub, and a family-size laundry, this home could integrate updates with ease.
Alternatively, this generous 972sqm (approx.) allotment near schools, restaurants, shopping, and transport would be a brilliant location for a brand new build (STCA).
This property is simply bursting with potential making it a brilliant acquisition for any investment strategy. Only limited by imagination, this opportunity won't be available for long. Plan your viewing today.
- Immense opportunity to renovate or redevelop (STCA)
- 972sqm (approx.) allotment with single carport and single garage/workshop
- Classic weatherboard home with verandah entry and high ceilings
- Large kitchen with expansive island and freestanding gas cooker
- Lounge with high ceilings and warm wood fire
- Peaceful neighbourhood surrounds steps from endless amenities
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 1,655 properties. Over the last 5 years, Houses in Monbulk have seen a 38.25% increase in median value, while Units have seen a 26.80% increase. As at 31 October 2024:
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