Back 154 Station Road
Off Market

154 Station Road

Melton VIC 3337

3
1
2
558 m²
House
Last sold for $525,500
Varun VagdhanVarun Vagdhan, last sold this property on 30 August 2024 after 23 days on market.

Overview

Prime Investment Opportunity: Renovated 3-Bedroom Home on Expansive 558 m² Lot in Melton

Welcome to 154 Station Road, Melton—a beautifully renovated gem on a generous 558 m² lot. This delightful 3-bedroom, 1-bathroom home is perfect for first home buyers and investors alike, offering a unique blend of comfort, convenience, and future growth prospects. Situated on the main road with excellent frontage, this property is ideally positioned for future commercial opportunities such as a medical center or small business, subject to council permit. Step into a home that boasts stylishly renovated interiors, ensuring you can move in or rent out immediately without any additional work. Enjoy three well-sized bedrooms, each offering ample space for relaxation and personal retreat. The heart of the home features a large kitchen, perfect for family gatherings and culinary adventures. A beautifully renovated bathroom provides a serene space to unwind and refresh. Benefit from a nice, spacious laundry area, adding to the home's practical features. The expansive 558 m² land size includes a spacious shed at the back, offering plenty of storage or workshop space. This property is ideal for first home buyers, as it is move-in ready with no immediate repairs or updates needed. The large backyard and spacious rooms provide plenty of room for a growing family, while the potential for converting the property into a small business or medical center offers a unique opportunity for long-term growth and investment. For investors, this property offers high rental demand due to its prime location and renovated condition, ensuring consistent rental income. The main road frontage and large land size offer excellent opportunities for future development, subject to council permit, enhancing the property’s value over time. Additionally, the renovated interiors reduce the need for frequent maintenance, making it a hassle-free investment. Don’t miss out on this versatile and promising property. Whether you’re looking to secure your first home or add a valuable asset to your investment portfolio, 154 Station Road, Melton, is a prime choice with endless potential. Contact us today to arrange a viewing and explore the opportunities this property has to offer. Terms: 10% deposit, balance 30/45/60/90 days

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
558 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Melton over the last 12 months, the estimated median property value of 154 Station Road is $540k.

Median value
$540k
Estimated value range
$395k - $742k
Median days on market
26
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 154 Station Road

2024
Sold
$525,500
Auction Sale on 30 Aug 2024 by Varun Vagdhan, of Fletchers Melton

Happy sellers in Melton

90%
90% of sellers in Melton reported that their sale price either exceeded or met their price expectations.

Melton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Melton over the last 12 months.

Local market activity for 3 bedroom houses in Melton

In the last 12 months, 143 three-bedroom houses similar to 154 Station Road, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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