45 Sturtridge Rd, Lockridge is a 6 bedroom, 2 bathroom House with 1 parking spaces and was built in 1969. The property has a land size of 728m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Here is a unique development opportunity that offers so many possibilities.Two back to back properties with established homes plus planning underway to subdivide and build a third.Located in the Paris quarter of Lockridge, these 2 properties total 1456sqm and are being sold together by Auction (unless sold prior).Conveniently situated across the road from Grimrey Oval and just a short drive to Altone Park Shopping Centre plus several schools, these two properties are well located to all the amenities you would expect. Theres even a Golf Course just a two minute drive away!Both properties are currently tenanted for a total of $650 per week. 7 Woolgar is under lease until May 2022 while 45 Sturtridge is on a periodic tenancy.What is there now?45 Sturtridge Road- 728sqm of land- 3 Bedroom/1 Bathroom Home - Air-conditioned- Solar Power with Inverter- Council Rates: $1500pa (approx.)- Water Rates: $939.26pa7 Woolgar Way- 728sqm of land- 3 Bedroom/1 Bathroom Home with Carport- Rear Timber Deck- Solar Power with Inverter- Council Rates: $1680pa (approx.)- Water Rates: $1019.91paWhat is Coming?The current owners are well on the way to obtaining approval to subdivide and build a third home between the current dwellings. Siteworks have begun and plans for a new home by Dale Alcock have been obtained.Part 2 video https://www.youtube.com/watch?v=WzPHD5PwiNoFor more details and a private viewing, please contact Agent.
The size of Lockridge is approximately 1.4 square kilometres. It has 10 parks covering nearly 11.9% of total area. The population of Lockridge in 2011 was 3,566 people. By 2016 the population was 3,457 showing a population decline of 3.1% in the area during that time. The predominant age group in Lockridge is 40-49 years. Households in Lockridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lockridge work in a labourer occupation. In 2011, 67.3% of the homes in Lockridge were owner-occupied compared with 65.7% in 2016.
Lockridge has 1,498 properties. Over the last 5 years, Houses in Lockridge have seen a 120.31% increase in median value, while Units have seen a 112.36% increase. As at 31 October 2024:
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