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Sold on 01 Feb 2024 for $760,000

52 Second Avenue
Rosebud VIC 3939

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 585m2
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Property Details for 52 Second Ave, Rosebud

52 Second Ave, Rosebud is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 585m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Rosebud in the last 12 months.

Building Type
House
Land Size
585m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP221804

Last Listing description (February 2024)

Showcasing approved plans for a two lot, side-by-side development this allotment presents the best of both worlds with the original dwellings promising long-term secure rental returns of $1100 per fortnight to enhance the investment of this approved development opportunity.

Currently both homes leased month to month. The front dwelling is a 3 bedroom, 1 bath with two vehicle carport. Rental approx. $350 PW. The dwelling in the rear is a 1 bedroom, 1 bath. Rental approx. $200 PW.

Immersed in the seaside landscape, a position amongst Rosebud’s signature avenues inspires an uncomplicated summer dream where sandy footsteps lead to picture perfect coastline, local shops and a bustling summertime ambiance only 400 meters to the foreshore.

The purchase of this allotment is bolstered by an approved planning permit with 3D renders for a side-by-side development of two single-level dwellings. Envisioned to feel at home amongst the landscape, the current drawings allow scope to embellish internal and external spaces with a personal choice of finishes. Identical in design the drawings allow for an effortless investment with a seamless development trajectory. Situated 400m (approx.) from the shoreline, a location loved for care-free summers sits ready for redevelopment.

The two proposed future plans offer two bedrooms, master with ensuite & WIR, study nook and single lock garage, each being approx. 19 squares in size on approx. 293m2 lots.

Promising time to finalise the finishing touches, two long-term lease agreements create flexibility with immediate investment returns. Positioned in the undulations of Rosebud’s sandy landscape, this convenient location highlights the combination of coastal allure and sensible proximity to lifestyle amenities. Local schools, shopping centres and medical facilities remain easily accessible whilst Peninsula Link promises a 70min (approx.) trip to Melbourne’s CBD.

For further information contact the agent Rob Lewis on 0450 209 007 and see our website www.seachange Property.com.au for Open for inspection times.

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Property History for 52 Second Ave, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$760,000
01 Feb 2024
Listed for Rent
$430/w
13 May 2024
  • 13 May 2024
    Listed for Rent $430 / week
  • 01 Feb 2024
    Sold for $760,000
  • 22 Nov 2023
    Listed for Sale $750,000 - $825,000
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About Rosebud 3939

The size of Rosebud is approximately 17.1 square kilometres. It has 36 parks covering nearly 26.1% of total area. The population of Rosebud in 2011 was 12,501 people. By 2016 the population was 13,188 showing a population growth of 5.5% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation. In 2011, 68.9% of the homes in Rosebud were owner-occupied compared with 67.9% in 2016.

Rosebud has 10,778 properties.

    There are currently 83 properties listed for sale, and 35 properties listed for rent in Rosebud on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in Rosebud.

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    Damian Flatz
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    Rob Lewis
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