119 Sherbourne Rd, Montmorency is a 4 bedroom, 1 bathroom House. The property has a land size of 792m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Montmorency in the last 12 months.
Expressions of Interest: Offers Close Tuesday 29th October at 5pm (Unless Sold Prior)
Occupying a high-visibility site in an established pocket favoured by well-credentialed businesses related to the Allied Health Industry, this single-level building offers a versatile environment that can be customised to accommodate a range of uses, with an allied health focus.
Sited an impressive 792m2 allotment (approx.), it is currently configured with a reception area, bathroom facilities and multiple consulting rooms (all carpeted and with individual climate control units) perfect for a wide range of practitioners.
Alternatively with a residential 1 zoning combined with the generous dimensions these perfectly presented spaces would provide the ideal basis for a renovation, rejuvenation and even an extension (stca) to craft a modern family home just minutes from Montmorency Village and the centre of Eltham!
• Existing permit for Allied Health Practitioners
• Ample on-site parking ensures ease of access for staff and clients, enhancing the property's practicality.
• Potential for subdivision and further development (STCA).
• Suitable for residential purposes due to versatile zoning
• A unique opportunity for innovative investors and developers to realise their vision
• Freehold title
• Vacant possession
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The size of Montmorency is approximately 3.8 square kilometres. It has 18 parks covering nearly 7.1% of total area. The population of Montmorency in 2011 was 8,758 people. By 2016 the population was 8,939 showing a population growth of 2.1% in the area during that time. The predominant age group in Montmorency is 40-49 years. Households in Montmorency are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montmorency work in a professional occupation. In 2011, 80.1% of the homes in Montmorency were owner-occupied compared with 80.2% in 2016.
Montmorency has 4,510 properties. Over the last 5 years, Houses in Montmorency have seen a 26.03% increase in median value, while Units have seen a 19.95% increase. As at 30 November 2024:
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