28 Olwen St, Nunawading is a 0 bedroom, 0 bathroom House and was built in 1960. The property has a land size of 601m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Developers, this is the perfect time in the investment cycle to secure this 601sqm (approx.) parcel of land and construct either a cutting-edge residence or lucrative townhouses (STCA). A great fast-track opportunity, this land comes with endorsed plans and permits to build a five bedroom, three bathroom plus study home with two enormous living zones and a double garage.
Enjoying a prime position in a cherished family neighbourhood merely metres from beautiful RE Gray Reserve, it's an easy walk for children to reach Mitcham Primary School and Mullauna College. Stroll or cycle to the Koonung Creek Trail and catch the nearby bus to Nunawading train station for a quick trip into the city. Shopping is a breeze at Mitcham Village, Tunstall Square and the many large retailers along Whitehorse Road.
- A vacant 601sqm (approx.) block
- A lucrative development opportunity (STCA)
- Comes with endorsed plans and permits to build a five bedroom residence
- Metres from beautiful RE Gray Reserve
- Walk to Mitcham Primary School and Mullauna College
- Catch the bus to Nunawading train station
- Shop at Mitcham Village and Tunstall Square
- Stroll or cycle along the Koonung Creek Trail
Live Streaming via GAVL
McGrath clients have the opportunity to watch, bid and buy on live property auctions.
Register through www.gavl.com and follow the property link:
https://x5u9a.app.goo.gl/LmsA
To be able to bid online, you must download the free GAVL App.
The size of Nunawading is approximately 5.1 square kilometres. It has 23 parks covering nearly 4.1% of total area. The population of Nunawading in 2011 was 10,945 people. By 2016 the population was 11,863 showing a population growth of 8.4% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation. In 2011, 70.1% of the homes in Nunawading were owner-occupied compared with 68.1% in 2016.
Nunawading has 6,929 properties. Over the last 5 years, Houses in Nunawading have seen a 14.70% increase in median value, while Units have seen a 9.03% increase. As at 31 October 2024:
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