5 Farmers Way

Off Market

5 Farmers Way

Narre Warren VIC 3805

House

Last sold for $855,000

Kulwinder Kaur, last sold this property on 12 March 2022 after 15 days on market.

Overview

Family Home with Development Opportunity

A rare opportunity in an Activity Centre Zone (ACZ) - Schedule 2, with all the amenities and services a short walk away, allows for tremendous future development. Bursting with potential this prime real estate is available to be acquired by an investor/developer or owner occupier. Superbly located in the heart of Narre Warren, this land is an ideal development site for an astute investor with many possibilities, which may be suitable for multi-unit development, multi-story apartment Building, possible professional suite, Medical or Allied Health practice (STCA) and all within a short walk to Narre Warren Train Station, Westfield Fountain Gate shopping centre , Webb Street Shops, Restaurants, medical facilities, the Narre Bunjil Place - Cultural centre , Casey Arc, Casey council, Parks and many other local amenities. Close proximity to Primary & Secondary schools, parks, bicycle/walking tracks and other recreational facilities, easy access to Monash /South Gippsland freeway and princess Hwy. This prominently positioned property has huge potential. Currently there is a brick veneer dwelling, three bedrooms, central bathroom, functional floorplan with workable kitchen, separate dining and family living area. - 3 decent sized bedrooms with built in robes - Updated central bathroom - Huge lounge and separate meals area - Lock up gates. A fabulous covered outdoor entertainment area/ a double enclosed carport and lock up shed complete its major features. Inclusive features – timber flooring throughout, gas heating, gas hotplates and oven, renovated bathroom with shower, vanity and bath. An astute developer looking for their next project, look no further as this property providing the winning combination for investment and offering unlimited potential for development. For more information or arrange your own private inspection please contact Kulwinder Kaur on 0452 543 471 or Sukhdeep Singh on 0412 003 466. Goldbank Team welcomes you and looks forward to meeting you at the opens. (PHOTO ID REQUIRED AT OPEN FOR INSPECTION) NOTE: link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All dimensions, sizes and layout are approximately. The photos are for illustrative purposes only and include virtual furniture for display purpose only!

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

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 5 Farmers Way is $775k.

Median value

$775k

Estimated value range

$461k - $1.2m

Median days on market

Estimated value trend

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 5 Farmers Way

2022

Rented

Undisclosed

Leased on 12 Jul 2022 by Journey Real Estate - Cranbourne

2022

Sold

$855,000

Private Sale/Treaty on 12 Mar 2022 by Kulwinder Kaur, of Journey Real Estate - Cranbourne

Happy sellers in Narre Warren

84%

84% 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 36 reviews in Narre Warren over the last 12 months.

Local market activity for 3 bedroom houses in Narre Warren

In the last 12 months, 194 three-bedroom houses similar to 5 Farmers Way, have been sold.

This represents a 13% increase in three-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Narre Warren for a free market appraisal.

Javid Zada

at Ray White Narre Warren

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Abdullah Ashna

at Real Estate Xpert

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Salvi Galati

at Sovereign Properties

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Javid Zada

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