SOLD
Sold on 07 Oct 2023 for $2,777,500

25-27 Mcilwrick Street
Windsor VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 500m2
Sold By
Benson Zhou
Savills Melbourne
James Latos
Savills Melbourne
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Property Details for 25-27 Mcilwrick St, Windsor

Building Type
Land
Land Size
500m2
Local Government
Stonnington
Lot/Plan
1/TP957837

Last Listing description (February 2024)

Offering immediate rewards, this sensational north-facing site is complete with plans and permit for three state of the art luxury residences. Representing a significant development opportunity in an increasingly sought after location, it is walking distance to Chapel Street's vibrant Windsor end with its fabulous array of restaurants, bars and shops, Windsor station, trams and Chris Gahan Reserve.

Designed by RAIDSTUDIO with landscaping by Ben Scott Garden Design, these stunning residences will provide incomparable lifestyle appeal over 220sqms of living spaces with basement dual garaging below and a sensational rooftop terrace above. With cutting edge architecture and lavish finishes, these 3-bedroom boutique residences will offer appeal to a myriad of potential buyers from families to downsizers.

Current permit for three luxury 3 bedroom, 2 bathroom plus study townhouses. Potential option to design an alternative development for 5+ townhouses, an apartment building or other mixed-use development, STCA. This outstanding project is equally rewarding for boutique developers, savvy investors or a group of home buyers seeking to immerse themselves in a coveted lock up and leave inner urban lifestyle. An exceptionally rare opportunity in an increasingly desirable locale.

Land size: 503sqm approx.

Property History for 25-27 Mcilwrick St, Windsor, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$2,777,500
07 Oct 2023
  • 07 Oct 2023
    Sold for $2,777,500
  • 28 Jun 2023
    Listed for Sale Expressions of Interest - $2,795,000

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About Windsor 3181

The size of Windsor is approximately 1.1 square kilometres. It has 6 parks covering nearly 3.7% of total area. The population of Windsor in 2011 was 7,069 people. By 2016 the population was 7,277 showing a population growth of 2.9% in the area during that time. The predominant age group in Windsor is 20-29 years. Households in Windsor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Windsor work in a professional occupation. In 2011, 40.3% of the homes in Windsor were owner-occupied compared with 36.2% in 2016.

Windsor has 5,942 properties. Over the last 5 years, Houses in Windsor have seen a 7.44% increase in median value, while Units have seen a -0.95% decrease. As at 31 July 2024:

  • The median value for Houses in Windsor is $1,416,687 while the median value for Units is $536,810.
  • Houses have a median rent of $765 while Units have a median rent of $525.
There are currently 10 properties listed for sale, and 16 properties listed for rent in Windsor on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Windsor.

Suburb Insights for Windsor 3181

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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.