2/1096 Stud RoadRowville VIC 3178
Property Details for 2/1096 Stud Rd, Rowville
Last Listing description (October 2021)
If you are looking for land you are searching for with an endless array of possibilities and opportunity then look no further than 1096 Stud Road, Rowville.
Conveniently located in the service lane along Stud Road and opposite an array of local amenities including Stud Park Shopping Centre and walking distance to local Primary and Secondary schools, this is one opportunity not to be missed.
The property itself is 989sqm approximately and a regular block and boasts two dwellings of which Unit 1 is a neat two bedroom unit with 1 bathroom and single carport and carspace and can be leased out as it is for $350 - $370 per week in the current market. Unit 2, has been badly fire damaged and cannot be occupied and will need to be demolished.
The site already has a council approved permit for the development of six (6) tri level townhouses with a mix of 3,4 & 5 bedrooms and can be developed and sold off or leased out as the property is central to everything including easy access to Monash Freeway.
Whether you are looking to buy for investment or you are a developer looking for your next project, look no further as opportunities such as this are often highly sought after but seldom found.
Contracts, plans and permits available upon request.
Proudly marketed by Ray White Rowville
Property History for 2/1096 Stud Rd, Rowville, VIC 3178
- 11 May 2024Sold for $1,075,000
- 03 Sep 2021Listed for Sale For Sale ($1,200,000 - $1,320,000)
- 23 Dec 2020Listed for Rent $375 / week
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0About Rowville 3178
The size of Rowville is approximately 21.7 square kilometres. It has 63 parks covering nearly 23.9% of total area. The population of Rowville in 2011 was 34,145 people. By 2016 the population was 33,689 showing a population decline of 1.3% in the area during that time. The predominant age group in Rowville is 50-59 years. Households in Rowville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rowville work in a professional occupation. In 2011, 84.6% of the homes in Rowville were owner-occupied compared with 82.4% in 2016.
Rowville has 14,131 properties. Over the last 5 years, Houses in Rowville have seen a 24.49% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2024:
- The median value for Houses in Rowville is $1,109,433 while the median value for Units is $673,558.
- Houses have a median rent of $650 while Units have a median rent of $570.
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