255 Monbulk Rd, Silvan is a 4 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 699m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
This unique double storey building offers an exciting opportunity to acquire a property with both residential and commercial space (subject to council approval) and boasts a fully renovated residence and fantastic business potential. The ground storey includes an inviting 'shop front' with neat front garden, and a large floor space (80m2 approx.) with existing cool room, bathroom and rear storage. Ascending the stairs, you'll be pleasantly surprised by the fully renovated upper level, which showcases three bedrooms plus study (or four bedrooms), modern bathroom and laundry. The stunning open plan living zone is expansive, offering a dining zone, designer kitchen, comfortable lounge, split system and polished floorboards. If you're looking to start a new venture this may be the perfect chance to take the plunge!
The size of Silvan is approximately 30.1 square kilometres. It has 5 parks covering nearly 5.2% of total area. The population of Silvan in 2011 was 1,220 people. By 2016 the population was 1,254 showing a population growth of 2.8% in the area during that time. The predominant age group in Silvan is 40-49 years. Households in Silvan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Silvan work in a managers occupation. In 2011, 80.1% of the homes in Silvan were owner-occupied compared with 86.2% in 2016.
Silvan has 548 properties. Over the last 5 years, Houses in Silvan have seen a 62.53% increase in median value. As at 31 October 2024:
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