OFF MARKET

21 Government Road
The Basin VIC 3154

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 120m2
Land area: 1010m2
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Last updated 18 Nov 2024
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Property Details for 21 Government Rd, The Basin

21 Government Rd, The Basin is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 1010m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1940
Floor Size
120m2
Land Size
1010m2
Local Government
Knox
Lot/Plan
296/LP6712

Last Listing description (September 2022)

THE FEATURES
Two exceptional residences situated on the one title
Panoramic Views of Mount Dandenong, the Yarra Valley, and Mount Macedon

6.5KW Solar system. Example of last electricity bill was a total of $25 for the 2 homes on the property
Renovated kitchen with Euro Miele appliances in main house and washing machine
Spa on large deck with uninterrupted peaceful views
Low maintenance informal / cottage style garden with various flower arrangements and established citrus down the bottom of the block

MAIN RESIDENCE
Main house features three-bedrooms & one-bathroom
Euro kitchen complete with mirrored splashbacks, induction cooktop & Miele appliances
Miele self-cleaning oven, induction cooktop, Miele dishwasher and washing machine
Art deco style main bathroom fitted with shower, vanity, and spa bath
Lower level also features a dedicated home office, with outside access for complete privacy

COTTAGE RESIDENCE
Cottage residence offers one-bedroom & one-bathroom complete with shower & bath
Charming kitchen offers electric oven & hotplate
Spacious laundry facilities
Separate gas meters, but combined electricity feeds from solar ensuring minimal bills
Both homes offer under house storage
Huge four car carport with extra off-street parking
Multiple water tanks
Gas ducted heating and split system air conditioning

THE PROPERTY
An opportunity truly unlike anything else available on the market, this rare occurrence allows you to purchase two incredible residences situated on the one title all whilst being backdropped by panoramic vistas of Mount Dandenong, the Yarra Valley and Mount Macedon. Nestled on a huge 1010sqm garden block at the heart of the Basin, this picture-book charmer welcomes with an accommodating & open plan kitchen, living and dining precinct warmed by an alluring wood burning open fireplace. Three spacious bedrooms ensure ample accommodation and are serviced by a sleek art deco style bathroom. Enjoying a desirable northern outlook, French doors open out to an elevated alfresco embraced by scenic scenes of the surrounding mountain landscape & beyond. Currently on Airbnb and Stayz, the second cottage residence sits separate and is perfect for multi-generational living, a kids retreat, or to rent out and reap the benefits of rental return right on your back doorstep.

CURRENT AIRBNB PRICE FOR THE COTTAGE - NOTE FROM THE VENDOR
- Typically a weeknight is $200 p/n
- Weekend being Fri/Sat is $250 p/n
- Public holidays are around $280 p/n
- 10% discount on 7 days
- 20% discount on 30 days
- Enjoy an income of $30,000 - $40,000 while working from home.
- We have a number of returning guests, third and even fourth times.
- The majority of guests are couples wanting a getaway out of the city although we did have many international guests prior to Covid.
- You may AIRBNB the main house for approximately $450 p/n.
- Potential to earn in excess of $100k per year renting both the accommodation 4 nights per week.

COTTAGE REVIEWS AND PHOTOS FROM AIRBNB AND STAYZ
(copy and paste the links in your internet browser)

https://www.airbnb.com.au/rooms/11761776?source_impression_id=p3_1650342762_3tcWlmlNLs%2BL5Qwt

https://www.stayz.com.au/holiday-rental/p9190330?noDates=true&uni_id=4587575

THE LOCATION
Situated at the foothills of the Dandenong Ranges you're just moments away from local tourist attractions, Upwey township, Sassafras township (10min away), Westfield Knox, Boronia Station, Fernbrook School and St Bernadette's Primary School.

Property History for 21 Government Rd, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$900,000
04 Jul 2022
Listed for Rent
$205/w
14 Jun 2007
  • 04 Jul 2022
    Sold for $900,000
  • 30 May 2022
    Listed for Sale $850,000 - $935,000
  • 05 Apr 2022
    Listed for Sale $949,000
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About The Basin 3154

The size of The Basin is approximately 5.1 square kilometres. It has 11 parks covering nearly 9% of total area. The population of The Basin in 2011 was 4,229 people. By 2016 the population was 4,400 showing a population growth of 4.0% in the area during that time. The predominant age group in The Basin is 40-49 years. Households in The Basin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Basin work in a trades occupation. In 2011, 87.2% of the homes in The Basin were owner-occupied compared with 84.4% in 2016.

The Basin has 1,850 properties. Over the last 5 years, Houses in The Basin have seen a 30.99% increase in median value, while Units have seen a 32.42% increase. As at 31 October 2024:

  • The median value for Houses in The Basin is $905,346 while the median value for Units is $779,237.
  • Houses have a median rent of $570 while Units have a median rent of $375.
There are currently 6 properties listed for sale, and no properties listed for rent in The basin on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in The basin.

Suburb Insights for The Basin 3154

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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.