OFF MARKET

254/254A Mt Alexander Road
Travancore VIC 3032

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 243m2
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Property Details for 254/254a Mt Alexander Rd, Travancore

254/254a Mt Alexander Rd, Travancore is a 2 bedroom, 1 bathroom House. The property has a land size of 243m2.

Building Type
House
Land Size
243m2
Local Government
Moonee Valley

Last Listing description (June 2024)

Enjoying integrated street frontage in a prominent Travancore location, this impressive retail and residential opportunity is one with amazing amount of upside.

Back two property unit estimated market rent-$31,000 per annum.

Laundromat estimated potential gross takings range from $36,000-$50,000 per annum (weather dependant).

Existing business and machines included.

Occupying a significant Mt Alexander Rd position, in a vibrant and connected retail/commercial strip where convenience meets accessibility, this truly is an incredible asset offering.

Beginning with a bold shopfront currently operating as a coin laundrette, the property is both beautifully presented and versatile.

Head through to conducive rear residential wing where two large bedrooms combine with a large light-filled living space with split-system heating/cooling and classy vintage style bathroom to provide conducive and comfortable accommodation.

The central kitchen has upright gas cooking, a dishwasher and adjoining meals area, while a surprisingly spacious courtyard style backyard has plenty of room to entertain and enjoy a barbecue.

The property may also offer development potential with a 12m building height allowance.

On the door step of Mt Alexander Rd trams, shops, cafes, restaurants and other retail services, close to Flemington Primary School and Mt Alexander College, with great connection to Flemington Bridge Train Station, Flemington Rd, Royal Parade, Citylink and the Melbourne CBD.

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Property History for 254/254a Mt Alexander Rd, Travancore, VIC 3032

A timeline of how this property has performed in the market
  • 21 Feb 2024
    Listed for Sale Private Sale $1,200,000

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About Travancore 3032

The size of Travancore is approximately 0.4 square kilometres. It has 6 parks covering nearly 17.2% of total area. The population of Travancore in 2011 was 1,700 people. By 2016 the population was 2,502 showing a population growth of 47.2% in the area during that time. The predominant age group in Travancore is 20-29 years. Households in Travancore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Travancore work in a professional occupation. In 2011, 41.2% of the homes in Travancore were owner-occupied compared with 33.4% in 2016.

Travancore has 1,627 properties.

    There are currently 7 properties listed for sale, and 7 properties listed for rent in Travancore on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Travancore.

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