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Back 585 Whitehorse Road
Off Market

585 Whitehorse Road

Mitcham VIC 3132

3
1
1
781 m²
House
Last sold for $1,300,000
Eric LinEric Lin, last sold this property on 07 August 2016 after 45 days on market.

Overview

UNDER CONTRACT BY LINDELLAS - 781m2 RESIDENTIAL GROWTH ZONE SITE - THE BEST MITCHAM HAS TO OFFER

An outstanding opportunity has presented itself to secure this prime development site in Mitcham. This 781m2 (approx.) block is located a short walk to Mitcham train station, cafes, Mitcham Shopping Precinct at Whitehorse Road and a 5 minute drive to Blackburn Lake and Ringwood Eastland, one can say this is all about location accessed via a service road in a premier blue chip locale. Featuring 3 bedrooms, a generous living room and a well-equipped kitchen and meals area, the original brick veneer residence boasts great structure and presents a choice to rent out, demolish, extend or completely overhaul (subject to council approval). There are excellent opportunities to explore a variety of development options positioned in the Residential Growth Zone 1 (RGZ1), allowing developments for multi terrace Townhouses, multi-level Apartments, Medical or Land Bank [(All Subject To Council Approval (S.T.C.A)] Given the continued growth in this hot pocket of eastern Melbourne this unique multi investment opportunity is not to be missed. - Large 781m2 approx. allotment - Residential Growth Zone 1 (RGZ1) - Potential for Multi-Unit/Terrace Townhouse Site (S.T.C.A.) - Plans and Permits approved for 12 apartments - 19.4m frontage to Whitehorse Road - Access via Service Road in a premier blue chip locale - Walking distance to Mitcham train station - Walking distance to Whitehorse Road Shopping Precinct - Bus at Doorstep THIS OPPORTUNITY IS NOT TO BE MISSED. With the fast growth and rapid change of Mitcham over the past 16 years and even further exciting plans set for the future. Please Note: [All Subject to Council and other Local and State Government Authorities Approval and Permission (S.T.C.A.)] Please contact Eric Lin 0419 244 691 or (03) 9838 1388 for further details and a confidential discussion on your future plans for this excellent development site at 585 Whitehorse Road Mitcham. Proudly Presented by Lindellas Projects.

Features

3 bedrooms
1 bathroom
1 carspace
781 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mitcham over the last 12 months, the estimated median property value of 585 Whitehorse Road is $1.16m.

Median value
$1.16m
Estimated value range
$820k - $1.55m
Median days on market
25
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mitcham. 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 585 Whitehorse Road

2019
Rented
Undisclosed
Leased on 17 Feb 2019 by Noel Jones Whitehorse
2017
Rented
Undisclosed
Leased on 10 Jul 2017 by Noel Jones Whitehorse
2016
Sold
$1,300,000
07 Aug 2016 by Eric Lin, of RT Edgar Boroondara

Happy sellers in Mitcham

78%
78% of sellers in Mitcham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 37 reviews in Mitcham over the last 12 months.

Local market activity for 3 bedroom houses in Mitcham

In the last 12 months, 76 three-bedroom houses similar to 585 Whitehorse Road, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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Taraan

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Nima Goharpey is a recommended agent for Mitcham.  They have 3 local sales and collected 4 local reviews across the last 12 months.

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Connor Sun

Connor Sun is an award winning recommended agent for Mitcham.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (475 reviews)
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Steven Zervas

Sellers who recommend Steven Zervas have praised them for being clear communication, local expert, honest, reliable, supportive, friendly and hard-working

  •   4.9   (255 reviews)
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