18 Knell St, Mulgrave is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1967. The property has a land size of 815m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Mulgrave in the last 12 months.
The rarity of this opportunity is illustrated by the range of rewarding options that it offers. Family buyers, investors, builders, and developers will all be drawn to the possibilities provided on this leveled, rectangular allotment measuring some 815m2 in a highly regarded Mulgrave location. Retain the current residence, create a great second dwelling in the deep rear garden, replace it with a dream new family home or deliver multiple townhouses STCA, - each scenario is significantly enticing!
At present, the appealing home is preceded by a wide 18m approx. street frontage featuring a long side drive leading to a lock-up single garage. The inside story starts with a side porch entrance, a generous light-filled living room with a zoned dining area. The adjoining kitchen's functional proportions provide abundant bench space, ample cabinetry, a dishwasher and 900mm cook-top and oven.
Three substantial bedrooms, each accompanied by built-in robes, enjoy a zone of their own in a floorplan that's further enhanced by a renovated central bathroom, a separate powder room and an efficient, space saving Euro laundry. To the rear, a substantial rumpus room with sliding doors reveals an expansive deck and pergola entertaining the ideal outdoor accompaniment to a property that also includes ducted heating throughout, split system AC, LED downlights and convenient storage shed space.
A quiet street that's walking distance from both Albany Rise Primary School and Wellington Secondary College inspires ideas for defining the future. Enjoy the current liveable home as its land value grows or build and reap the proven results of high value multi townhouse development projects in the precinct. Proximity to Wanda Street and Police Road shops, Guardian Childcare, Waverley Gardens Shopping Centre and M1 and m3 Freeway access explain precisely why the position is such a firm family favourite.
The size of Mulgrave is approximately 10.7 square kilometres. It has 40 parks covering nearly 5.8% of total area. The population of Mulgrave in 2011 was 17,647 people. By 2016 the population was 19,380 showing a population growth of 9.8% in the area during that time. The predominant age group in Mulgrave is 30-39 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a professional occupation. In 2011, 77.3% of the homes in Mulgrave were owner-occupied compared with 75.4% in 2016.
Mulgrave has 9,288 properties. Over the last 5 years, Houses in Mulgrave have seen a 24.33% increase in median value, while Units have seen a 16.68% increase. As at 30 September 2024:
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