211 Arthurs Seat RoadRed Hill VIC 3937
Property Details for 211 Arthurs Seat Rd, Red Hill
Last Listing description (April 2023)
Set your sights on the allure of Red Hill's enchanting ambience and step into a central location on the edge of world-class wineries, epicurean delights and easy freeway access from this idyllic 1,403 sqm approx. allotment.
Currently the Telstra exchange site, this delightful and lush setting is the perfect environment for your luxury hinterland dreams, offering the space to build and the position that most envy, within desirable proximity to all that makes this magical town shine. Call the architect and get the ball rolling on a rare opportunity to construct the home of your dreams (STCA), with the comfort of a 2 + 1 year, triple net lease at $25k p.a. (with 3% annual reviews) generating additional income whilst you tick all the boxes!
Skip the traffic and stroll to the Red Hill Market, take the dog for a walk down to Nordie Cafe and drop the kids off to school on the way, or imagine the holiday appeal, with the surf and swimming beaches, restaurants, galleries, breweries, golf courses and national parks all close by. Just one hour from Melbourne, the possibilities are endless.
PLEASE NOTE:
It is a requirement under residential listings online that an icon for 1 bedroom and 1 bathroom is displayed as a minimum however this building is a Telstra Exchange Building not a residence and as such has no bedrooms or bathrooms.
Property History for 211 Arthurs Seat Rd, Red Hill, VIC 3937
- 27 Feb 2023Sold for $1,020,000
- 23 Jan 2023Listed for Sale Under Contract
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About Red Hill 3937
The size of Red Hill is approximately 23.5 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Red Hill in 2011 was 734 people. By 2016 the population was 915 showing a population growth of 24.7% in the area during that time. The predominant age group in Red Hill is 60-69 years. Households in Red Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 82.8% of the homes in Red Hill were owner-occupied compared with 81.7% in 2016.
Red Hill has 628 properties. Over the last 5 years, Houses in Red Hill have seen a 11.56% increase in median value, while Units have seen a 51.50% increase. As at 31 October 2024:
- The median value for Houses in Red Hill is $2,612,658 while the median value for Units is $1,892,659.
- Houses have a median rent of $780.
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