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Sold on 17 Oct 2024 for $960,000

119 Sherbourne Road
Montmorency VIC 3094

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 792m2
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Property Details for 119 Sherbourne Rd, Montmorency

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.

Building Type
House
Land Size
792m2

Last Listing description (October 2024)

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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Property History for 119 Sherbourne Rd, Montmorency, VIC 3094

A timeline of how this property has performed in the market
Last Sold
$960,000
17 Oct 2024
  • 17 Oct 2024
    Sold for $960,000
  • 02 Oct 2024
    Listed for Sale $960,000
  • 18 Oct 2010
    Sold for $440,000
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About Montmorency 3094

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:

  • The median value for Houses in Montmorency is $1,119,584 while the median value for Units is $823,395.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Montmorency on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Montmorency.

Suburb Insights for Montmorency 3094

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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.