1 Orchard Cres, Mont Albert North is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 1956. The property has a land size of 920m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
An exceptional opportunity exists for the creative redevelopment of this unique site boasting 3 street frontages. Future possibilities include prestige home or townhouse subdivision (STCA). Within easy walking distance of shops, cafes, supermarket, primary schools and city bus, it is only minutes from Westfield Doncaster, Eastern Freeway, Park + Ride and Koonung Secondary College.
The original cream brick veneer home on site could also form the basis for a substantial renovation/extension (STCA) or secure rental income until redevelopment commences. A large living/dining room with timber flooring provides a versatile centre of family activity, supplemented by 3 bedrooms and original kitchen, bathroom and laundry.
* Tiled front terrace and large entry hall
The size of Mont Albert North is approximately 2.1 square kilometres. It has 10 parks covering nearly 14.4% of total area. The population of Mont Albert North in 2011 was 5,086 people. By 2016 the population was 5,505 showing a population growth of 8.2% in the area during that time. The predominant age group in Mont Albert North is 40-49 years. Households in Mont Albert North are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mont Albert North work in a professional occupation. In 2011, 80.3% of the homes in Mont Albert North were owner-occupied compared with 79% in 2016.
Mont Albert North has 2,702 properties. Over the last 5 years, Houses in Mont Albert North have seen a 8.86% increase in median value, while Units have seen a 14.25% increase. As at 31 October 2024:
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