SOLD
Sold on 11 May 2024 for $1,075,000

2/1096 Stud Road
Rowville VIC 3178

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 498m2
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Property Details for 2/1096 Stud Rd, Rowville

Building Type
Land
Year Built
1970
Floor Size
125m2
Land Size
498m2
Local Government
Knox
Lot/Plan
2/RP5977

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

A timeline of how this property has performed in the market
Last Sold
$1,075,000
11 May 2024
Listed for Rent
$375/w
23 Dec 2020
  • 11 May 2024
    Sold for $1,075,000
  • 03 Sep 2021
    Listed for Sale For Sale ($1,200,000 - $1,320,000)
  • 23 Dec 2020
    Listed for Rent $375 / week
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About 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 14,072 properties.

    There are currently 45 properties listed for sale, and 12 properties listed for rent in Rowville on OnTheHouse. According to CoreLogic's data, 417 properties were sold in the past 12 months in Rowville.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.