33 Cumberland Rd, Forrestfield is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1974. The property has a land size of 792m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Forrestfield in the last 12 months.
This is one of those moments! An opportunity has jumped out in front of you and now the decision is whether to hesitate, or to seize the moment and secure your future!
Just know that this IS one of those moments and somebody will seize this opportunity!
Number 33 Cumberland Road is located on a corner block, in a very central part of Forrestfield, and with the R25/60 zoning it is literally a whole bundle of options right at your fingertips.
Obviously, you will need to obtain approvals from the relevant authorities to maximise the potential here, but some of the possibilities you can explore are:
1) Retain and build, possibly on BOTH sides of the house
2) Demolish and create 4, possibly 5 townhouses
3) Apply to build a small apartment complex
4) Renovate this home and just enjoy living here for years to come!
The house does need some refreshing. The kitchen and bathroom are tired and it hasn't been painted in a while. There are a few cosmetic bits and bobs to do, and the extension room (second lounge area) is sold as-is. But the fixer-upper part is what makes this all the more enticing. Because if it were in perfect condition now, we would be adding around $50,000 to the asking price.
So.. Seize the day as they say, and grab one of the hottest opportunities in the Forrestfield market right now.
It's time to call The Mitchell Brothers
Water rates: $1,126.89 p/a (approx.) - Total for 2022 - 2023 financial year
Council rates: $2006.06 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
The size of Forrestfield is approximately 17.4 square kilometres. It has 22 parks covering nearly 32.4% of total area. The population of Forrestfield in 2011 was 11,811 people. By 2016 the population was 12,715 showing a population growth of 7.7% in the area during that time. The predominant age group in Forrestfield is 30-39 years. Households in Forrestfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forrestfield work in a trades occupation. In 2011, 73.2% of the homes in Forrestfield were owner-occupied compared with 73.3% in 2016.
Forrestfield has 6,485 properties. Over the last 5 years, Houses in Forrestfield have seen a 102.04% increase in median value, while Units have seen a 51.09% increase. As at 31 October 2024:
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