SOLD
Sold on 28 May 2024 for $350,000

3/18 Bute Street
Murrumbeena VIC 3163

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 861m2
Sold By
Agents' Agency Network Partners
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Property Details for 3/18 Bute St, Murrumbeena

3/18 Bute St, Murrumbeena is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 861m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Murrumbeena in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
44m2
Land Size
861m2
Local Government
Glen Eira
Lot/Plan
3/RP15742

Last Listing description (September 2024)

Welcome to 3/18 Bute Street Murrumbeena, in a quiet tree lined street, minutes stroll to the station, one of only 8 units in a charming small block on the ground floor. This beautifully renovated large 1-bedroom, 1-bathroom unit located close to cafes, shops and Chadstone shopping centre nestled between both Murrumbeena and a stones throw from Hughesdale Station and shops.. A ground floor unit with modern finishes, this property offers comfortable living in a safe sought-after area. Nothing to spend.

Key Features:

? Fully renovated unit throughout for easy maintenance and a contemporary feel.

? Spacious living area providing ample room for relaxation and entertaining.
? Well-appointed seperate kitchen area with near-new appliances, offering functionality and style.
? Additional study/home office space, perfect for remote work or study sessions.

Bright sunny ground floor unit with security door and locks.
Undercover carport space with title for convenient parking.
Enjoy living in a quiet, safe and friendly neighbourhood.
Low cost and affordable body corporate fees and no cost for lift maintenance.
Excellent Body Corporate management company ensuring the property is well maintained.
Location Highlights:

Close proximity to public transport:
? Only 7 minutes walk to the new Murrumbeena and Hughesdale Train Stations.

Prime shopping destination:
? Approximately 20 minutes walk to famous Chadstone City Shopping Centre, offering a huge range of retail, dining, and theatre options.

Caf? & Food Culture:
? Discover the vibrant mix of caf?s, wine bars and restaurants within a stones throw of the unit. Walk to vibrant Koornang Road, Carnegie to try some of the top 20 restaurants, 4 supermarkets and cafes. A foodies paradise.

Recreation and green spaces:
? Stroll through famous Boyd Park at the end of the street winding through bushland to East Malvern Station. Ideal for outdoor walks, runs and BBQs and pet lovers.
? Tennis courts at the end of the street.
? Monash University, 15 minutes away on the Cranbourne/Pakenhan line to Caulfield Station.

Priced to sell. Don't miss out. A great modern and conveniently located secure apartment in the heart of Murrumbeena. Whether you're a first-time buyer, or an investor, this property offers comfort, convenience, and lifestyle appeal with nothing to spend. Note. High rental return ($400 week) and strong demand make this unit an enticing opportunity for investors seeking a lucrative high yield return to their portfolio.

For inquiries or to arrange a viewing, please contact Gurpreet Singh at 0426537775 and make this unit your new home!

Disclaimer:
All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and verify all details independently.

Property History for 3/18 Bute St, Murrumbeena, VIC 3163

A timeline of how this property has performed in the market
Last Sold
$350,000
28 May 2024
Listed for Rent
$285/w
09 Jun 2021
  • 28 May 2024
    Sold for $350,000
  • 27 Mar 2024
    Listed for Sale Not Disclosed
  • 24 May 2021
    Listed for Rent - Price not available
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About Murrumbeena 3163

The size of Murrumbeena is approximately 2.6 square kilometres. It has 8 parks covering nearly 9.6% of total area. The population of Murrumbeena in 2011 was 8,592 people. By 2016 the population was 9,928 showing a population growth of 15.5% in the area during that time. The predominant age group in Murrumbeena is 20-29 years. Households in Murrumbeena are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murrumbeena work in a professional occupation. In 2011, 61.7% of the homes in Murrumbeena were owner-occupied compared with 59.5% in 2016.

Murrumbeena has 5,674 properties. Over the last 5 years, Houses in Murrumbeena have seen a 28.66% increase in median value, while Units have seen a 1.26% increase. As at 30 September 2024:

  • The median value for Houses in Murrumbeena is $1,650,629 while the median value for Units is $586,734.
  • Houses have a median rent of $650 while Units have a median rent of $490.
There are currently 9 properties listed for sale, and 10 properties listed for rent in Murrumbeena on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Murrumbeena.

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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.