399 Elgar Rd, Mont Albert is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 1160m2 and floor size of 225m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
An investment goldmine with impressive potential, this neatly presented Californian Bungalow is just a few easy steps to Box Hill's central business precinct with its outstanding array of retail, mouth-watering dining experiences and an effervescent lifestyle.
Retaining delightful ceiling roses, leadlight and bay windows, the four bedroom, two bathroom design is accompanied by a tidy kitchen, light-filled living zones, ducted heating and split system air-conditioning.
On a flat block walking distance to Box Hill TAFE, world-class hospitals, train and tram, lease out for strong cashflow while preparing plans and permits to build an exciting multi-dwelling development (STCA). Zoned for Box Hill High School and Surrey Hills Primary School, live close to Surrey Park, Aqualink and Melbourne's finest private schools.
* Neatly presented four bedroom, two bathroom Californian Bungalow
* On a flat block
* A dream redevelopment site (STCA)
* Spacious, comfortable and ideal to lease out
* Ample off-street parking
* Metres to Box Hill Central, train, tram, TAFE and hospitals
* Near Aqualink and private schools
* Zoned for Box Hill High School and Surrey Hills Primary School
Terms: 10% deposit, balance 60 days
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Fletchers COVID-19 Update
Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to refrain from touching any surfaces, opening cupboards, drawers, windows, and doors when inspecting a property.
For more information, please visit: fletchers.net.au/response-to-covid-19
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The size of Mont Albert is approximately 1.7 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Mont Albert in 2011 was 4,954 people. By 2016 the population was 4,854 showing a population decline of 2.0% in the area during that time. The predominant age group in Mont Albert is 40-49 years. Households in Mont Albert are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mont Albert work in a professional occupation. In 2011, 71.4% of the homes in Mont Albert were owner-occupied compared with 70% in 2016.
Mont Albert has 2,801 properties. Over the last 5 years, Houses in Mont Albert have seen a 8.51% increase in median value, while Units have seen a 4.46% increase. As at 30 November 2024:
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