161 Stud Rd, Wantirna South is a 4 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 760m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Don't miss out on this exciting opportunity to purchase this 760-square metre block (approximately) that comes complete with plans and permits to build 5 x triple storey dwellings and 1 x double-storey dwelling along with the alteration of access to the Category 1 Road. Think of all the time and effort you'll save given that all the hard work in securing the necessary approval from council has already been done. Alternatively, you may wish to take advantage of the size of the allotment and realise your vision for a dream development of your own (STCA).
Whichever route you choose, your brand-new creation will reside within walking distance of Studfield shops, Westfield Knox Shopping Centre, Ozone entertainment precinct, buses, Regency Park Primary, Wantirna College, parks and bike tracks, and close to the Knox School and Eastlink.
Currently occupying the block is a comfortably liveable, readily rentable single-level home.
This is a not-to-be-missed opportunity for savvy developers to build and profit, land buyers looking for a dream site, or investors to secure and reap rich rental rewards while making a brand-new contribution to the surrounding streetscape.
Government directions require all open home and onsite auction attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We can also assist you with bidding for this property. We thank you for assisting us as we implement directions from the Victorian government.
The size of Wantirna South is approximately 14.1 square kilometres. It has 47 parks covering nearly 17.5% of total area. The population of Wantirna South in 2011 was 17,477 people. By 2016 the population was 19,288 showing a population growth of 10.4% in the area during that time. The predominant age group in Wantirna South is 50-59 years. Households in Wantirna South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wantirna South work in a professional occupation. In 2011, 79.4% of the homes in Wantirna South were owner-occupied compared with 75.3% in 2016.
Wantirna South has 9,622 properties. Over the last 5 years, Houses in Wantirna South have seen a 23.07% increase in median value, while Units have seen a 14.94% increase. As at 31 October 2024:
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