Back 40 Riverside Ave
Off Market

40 Riverside Ave

Avondale Heights VIC 3034

3
1
2
House
Last sold for $600,000

Overview

WELL PRESENTED FAMILY HOME ON A POTENTIAL 3 UNIT SITE PARCEL OF LAND MEASURING 696 SQM!!

This neatly kept brick home boasting a huge block (50 x 150ft) clear of any restricting development overlays, meaning this is a potential 3 unit site (STCA) and ideal for the opportunist with fresh ideas to maximize this property's full potential whether that be developing, renovating or investing! Comprising of a 3 good sized bedrooms with BIR, main lounge, central bathroom, lovely timber kitchen, formal dining room, rear rumpus room with views of a picture perfect manicured garden and patio. Other features include evaporative cooling, heating, separate laundry, single car garage, single carport, water tanks and much more. Positioned right in the heart of Avondale Heights and close to all amenities including Milleara Shopping Centre, Keilor Road precinct, Highpoint Shopping Centre, bus services within walking distance, Primary and Secondary Schooling and the Maribyrnong River around the corner, this is an excellent opportunity to grab with both hands!!! Currently tenanted to lovely tenants on a month to month basis returning $1,560.00 David Gigliotti - 0411 824 854 Agent In Conjunction : Adam Hicks - 0438 066 259 Geoff Green Real Estate Property Code: 1437

Features

3 bedrooms
1 bathroom
2 carspaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Avondale Heights over the last 12 months, the estimated median property value of 40 Riverside Ave is $990k.

Median value
$990k
Estimated value range
$730k - $2.45m
Median days on market
26
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Avondale Heights. 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 40 Riverside Ave

2018
Rented
Undisclosed
Leased on 25 Apr 2018 by Property Now
2014
Sold
$600,000
Sold Before Auction on 20 Feb 2014
2009
Sold
Undisclosed
Sold Before Auction on 17 Dec 2009 by David Gigliotti, of Moonee Valley Real Estate

Happy sellers in Avondale Heights

80%
80% of sellers in Avondale Heights reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 59 reviews in Avondale Heights over the last 12 months.

Local market activity for 3 bedroom houses in Avondale Heights

In the last 12 months, 74 three-bedroom houses similar to 40 Riverside Ave, have been sold.

This represents a 21% increase in three-bedroom houses sales when compared to the previous 12 months.

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