109 Marine ParadeSan Remo VIC 3925
Property Details for 109 Marine Pde, San Remo
Last Listing description (November 2024)
Welcome to a unique property nestled in the heart of San Remo, occupying approximately 800 square meters of prime land. This versatile estate comes with not one, but two separate homes tailored to different lifestyles. Adding to the appeal of this property is the mixed use - reside permanently, rent residentially/commercially, or both!
Beyond its charm, this property presents a practical investment opportunity. The land size and positioning of the property presents an excellent opportunity for subdivision (STCA) that will not come around again. If you choose not to subdivide, the dual-home setup accommodates residential and commercial aspirations. Explore the possibilities, this strategic location makes it a promising investment.
The rear home, constructed with red cedar, offers a modern 2-bed, 2-bath open-plan layout. A fireplace adds warmth, and large windows provide stunning north-facing views over Westernport Bay. The balcony is a perfect spot to enjoy the scenery. The lower level features a sunroom and a spacious garage/workshop for various activities.
The front dwelling opens onto the main street and is currently operating commercially. With 3 bedrooms, 1 bathroom, and high ceilings, this space carries a unique charm.
Location is key, and this property places you in the vibrant Town Centre of San Remo. The main street at your doorstep provides easy access to local shops and dining options.
This property offers more than just a place to live; it's a practical and versatile investment in the town centre of San Remo. With two distinct homes, each with its own appeal, it invites you to explore the potential of coastal town living. Don't miss the opportunity to make your mark in this unique property.
Property History for 109 Marine Pde, San Remo, VIC 3925
- 13 Nov 2024Sold
- 25 Apr 2023Transferred
- 14 Oct 2021Listed for Sale Contact Agent
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0About San Remo 3925
The size of San Remo is approximately 15.3 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of San Remo in 2011 was 1,083 people. By 2016 the population was 1,245 showing a population growth of 15.0% in the area during that time. The predominant age group in San Remo is 60-69 years. Households in San Remo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in San Remo work in a professional occupation. In 2011, 69.5% of the homes in San Remo were owner-occupied compared with 68.7% in 2016.
San Remo has 2,121 properties. Over the last 5 years, Houses in San Remo have seen a 62.07% increase in median value, while Units have seen a 47.93% increase. As at 31 October 2024:
- The median value for Houses in San Remo is $831,845 while the median value for Units is $551,731.
- Houses have a median rent of $560 while Units have a median rent of $430.
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