54 Hick StreetSpotswood VIC 3015
Property Details for 54 Hick St, Spotswood
54 Hick St, Spotswood is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 736m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in September 1988.
Last Listing description (September 2024)
Step into a world of possibilities with this rare and exceptionally wide building allotment, now available for private sale. Situated in a highly sought-after area, this property presents a remarkable opportunity for those looking to invest, redevelop, or create their dream home.
This spacious allotment is a gem for redevelopment enthusiasts. With the potential for a (SCA) 2- or 3-unit site, you can explore a variety of options to maximise the value of your investment. Whether you're envisioning a modern multi-unit development or a grand single dwelling, the canvas is yours to shape.
Revitalise the existing home while taking advantage of the ample excess land area to construct a second residence. This approach not only enhances the value of the property but also offers flexibility in how you utilise the space.
Alternatively, design and build a single dwelling that perfectly aligns with your lifestyle and preferences. With the expansive land size, you have the freedom to craft a home that is both functional and luxurious.
Property Details:
Land Size: L: 36.6m W:20.1M
Land Area: 735.66sqm
For Private Sale: This exclusive opportunity is available through private sale, with a straightforward purchasing process. Secure your stake with a 10% deposit and complete the balance within 60 days, ensuring a smooth and efficient transaction.
Why Act Now? Properties of this caliber are increasingly rare, and the potential here is truly exceptional. Don't miss your chance to capitalise on this outstanding opportunity in a prime location.
Reach out to arrange a viewing and explore how this property can fulfil your redevelopment dreams or become the foundation for your ideal home. Our team is ready to assist you in making this vision a reality.
Discover the possibilities and make your mark with this extraordinary redevelopment opportunity!
Contact Peter Clark - 0414 215 445
Property History for 54 Hick St, Spotswood, VIC 3015
- 06 Sep 2024Listed for Sale Contact Agent
- 07 Mar 2020Listed for Rent $455 / week
- 19 Aug 2019Listed for Rent $430 / week
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0About Spotswood 3015
The size of Spotswood is approximately 3 square kilometres. It has 11 parks covering nearly 14.5% of total area. The population of Spotswood in 2011 was 2,338 people. By 2016 the population was 2,602 showing a population growth of 11.3% in the area during that time. The predominant age group in Spotswood is 30-39 years. Households in Spotswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spotswood work in a professional occupation. In 2011, 66.8% of the homes in Spotswood were owner-occupied compared with 66% in 2016.
Spotswood has 1,920 properties. Over the last 5 years, Houses in Spotswood have seen a 20.87% increase in median value, while Units have seen a 12.96% increase. As at 31 August 2024:
- The median value for Houses in Spotswood is $1,151,130 while the median value for Units is $710,172.
- Houses have a median rent of $708 while Units have a median rent of $600.
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