OFF MARKET

4 Beech Street
Nunawading VIC 3131

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 600m2
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Last updated 18 Nov 2024
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Property Details for 4 Beech St, Nunawading

4 Beech St, Nunawading is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 600m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Land Size
600m2
Local Government
Whitehorse
Lot/Plan
45/LP23925

Last Listing description (December 2022)

Positioned in a prime business sector on approx. 607sqm, this hidden treasure is a real cat amongst the pigeons with endless opportunities to explore! Renovate the current 3-bedroom home or start fresh with a new business site the choice and endless opportunities is all yours.

The Great part for an Astute Investor is that you can Create your own design for the new Industrial building and start from scratch with an opportunity to build a Ware-house or Shop front with a Mezzanine or second level (STCA) and obtain a great % return on your investment! Be quick to secure this Opportunity

Under a Special Building Overlay (SBO) and Industrial 3 Zoning (IN3Z), this site can be used for manufacturing, commercial use or for a small factory/studio, ware-house, mixed business shop or educational facility (all STCA). As per Clause 63 of City of Nunawading Planning for existing use rights, the current home could also still be extended, built, or redeveloped for residential use (subject to Town Planning Approval and Melbourne Water Approval within the SBO).

Youre zoned for the ever-popular Vermont Secondary College and Mount Pleasant Road Primary School, with great local shopping at Brentford Square, Forest Hill, and Vermont Square. Youre also centrally located within 10 minutes drive of the
5 majors - Westfield, Box Hill, The Glen, Knox, and Eastland Shopping Centre

Theres great access via Rooks Road to both Canterbury Road and Whitehorse Road for effortless Eastern Freeway access. The auction date for this vacant pos-session is the 8th of December at 2pm with a settlement period of 30/60/90 days.

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Property History for 4 Beech St, Nunawading, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$970,000
30 Nov 2022
  • 30 Nov 2022
    Sold for $970,000
  • 09 Nov 2022
    Listed for Sale $880,000 - $950,000
  • 09 Feb 2006
    Transferred
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About Nunawading 3131

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 6,930 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:

  • The median value for Houses in Nunawading is $1,149,784 while the median value for Units is $704,240.
  • Houses have a median rent of $605 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 10 properties listed for rent in Nunawading on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in Nunawading.

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