Back 493 Princes Highway
Off Market

493 Princes Highway

Narre Warren VIC 3805

3
1
2
664 m²
House
Last sold for $790,000
Nicola ParreiraNicola Parreira, last sold this property on 30 July 2023 after 25 days on market.

Overview

Huge Potential - Prime Property for Residential or Business Use.

Rarely does an opportunity present itself that is one of the most sought after locations in Narre Warren. Positioned on an impressive 664m2 approx block within the sought-after RESIDENTIAL GROWTH ZONE (RGZ2), this property presents an exceptional opportunity for development (S.T.C.A) due to its premium location. Apart from development opportunity, this property offers so many different options. Perfect for those wanting to keep it as a residential investment or run their business in a location with maximum exposure. Great for businesses such as medical centre, veterinary clinic, child care, professional office, etc. (STCA) Take advantage of the premium location, opposite the home maker centre and closely located to other businesses utilising the locality, this 3-bedroom home offers convenience at its finest. Enjoy the convenience of being within easy walking distance to Fountain Gate Shopping Complex, train station, buses, schools, freeway access and an array of amenities. Enhanced with electric window shutters throughout, this home prioritizes year-round comfort. Boasting 3 well-sized bedrooms, all with built-in robes, a spacious living area, a separate dining space, a 600mm stove, window type reverse cycle heating & cooling system along with a Rinnai Energysaver Gas Space Heater. Every aspect caters to your needs. Additional features include a garage, a generous storage shed, and low-maintenance yard. Don't miss the chance to explore the endless potential this property offers in a prime Narre Warren location. Act swiftly to secure this remarkable opportunity. Register to Bid Online: https://anywhereauctions.com.au/app/property?propertyId=34391

Features

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

Estimated Value

Based on this property and similar 3 bedroom houses sold in Narre Warren over the last 12 months, the estimated median property value of 493 Princes Highway is $775k.

Median value
$775k
Estimated value range
$580k - $1.2m
Median days on market
21
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Narre Warren. 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 493 Princes Highway

2023
Sold
$790,000
Auction Sale on 30 Jul 2023 by Nicola Parreira, of Barry Plant Narre Warren
2023
Rented
Undisclosed
Leased on 08 Feb 2023 by First National Neilson Partners Narre Warren
2022
Rented
Undisclosed
Leased on 30 Jun 2022 by First National Neilson Partners Narre Warren

Happy sellers in Narre Warren

91%
91% of sellers in Narre Warren reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 52 reviews in Narre Warren over the last 12 months.

Local market activity for 3 bedroom houses in Narre Warren

In the last 12 months, 217 three-bedroom houses similar to 493 Princes Highway, have been sold.

This represents a 3% decrease in three-bedroom houses sales when compared to the previous 12 months.

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