4 Mcgahy StreetTemplestowe Lower VIC 3107
Property Details for 4 Mcgahy St, Templestowe Lower
4 Mcgahy St, Templestowe Lower is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 837m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (March 2024)
This home is ready for all possibilities. Providing a perfect blank canvas suitable for renovation, buyers may alternatively wish to redevelop. So, when you have a chance to skip the queue and secure a large 837sqm (approx.) of prime DDO8 zoned allotment with endorsed plans and permits for 5 luxury townhouses with views, you know youll have to move quickly to secure this first-class development opportunity.
With all the time-consuming work involved, you can commence the building process the instant the keys to this property are in your hand! Once complete, your future development will stand within a short walk of Macedon Square, Manningham Medical Centre, Westfield Doncaster, city-bound buses and the Eastern Freeway/Eastlink great for a quick commute into the CBD or the sandy shoreline along the Mornington Peninsula.
An existing single-level three-bedroom home currently occupies the block, and with a generous light-filled living area, spacious well-appointed kitchen, large grassed backyard and a bright family bathroom, you could lease out the home and line your pockets with income until youre ready to get construction underway. Desirably zoned for Templestowe College and Templestowe Heights Primary School.
This is a rare opportunity in a family-favoured locale, whatever you decide to do, you will reap blue-chip rewards for years to come.
*Contact agent to view approved plans and permits to construct 5 townhouses.
Property History for 4 Mcgahy St, Templestowe Lower, VIC 3107
- 07 Feb 2024Listed for Sale $1.525m
- 02 Mar 2023Listed for Rent $475 / week
- 09 Nov 2021Listed for Rent $475 / week
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/2lkneu56a4i6nhgfvuwzgysl4i?signature=1b43a83d55fe6d500f38bb36a90f9f908e3c84afb2b087142de8c92e6ccd13de){kind=logo}
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Templestowe Lower 3107
The size of Templestowe Lower is approximately 5.9 square kilometres. It has 20 parks covering nearly 11.5% of total area. The population of Templestowe Lower in 2011 was 13,152 people. By 2016 the population was 13,448 showing a population growth of 2.3% in the area during that time. The predominant age group in Templestowe Lower is 40-49 years. Households in Templestowe Lower are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Templestowe Lower work in a professional occupation. In 2011, 82.8% of the homes in Templestowe Lower were owner-occupied compared with 80% in 2016.
Templestowe Lower has 6,465 properties. Over the last 5 years, Houses in Templestowe Lower have seen a 9.38% increase in median value, while Units have seen a 29.05% increase. As at 31 October 2024:
- The median value for Houses in Templestowe Lower is $1,363,407 while the median value for Units is $1,010,266.
- Houses have a median rent of $700 while Units have a median rent of $675.
Suburb Insights for Templestowe Lower 3107
Market Insights
Templestowe Lower Trends for Houses
N/A
N/A
View TrendN/A
N/A
Templestowe Lower Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
