Back 62 Kennington Road
Off Market

62 Kennington Road

Rosebud VIC 3939

2
1
748 m²
House
Last sold for $385,000
John HallJohn Hall, last sold this property on 05 October 2015 after 12 days on market.

Overview

The Big Opportunity

Positioned to take full advantage of its proximity to the McCrae plaza, cafes, restaurants and beach foreshore, this unique development opportunity is guaranteed to generate an excellent return. The property offers several options, renovate the original home, retain as an investment - currently returning $1,062 per calendar month, or redevelop the site (S.T.C.A). The original home offers light filled open plan living, kitchen and dining areas, two generous bedrooms, central bathroom and separate laundry. Outside offers a good size rear garden, carport and lock up garage. Commence now, or at a later date, the value can only appreciate with time providing a guilt edge to your investment. The land size is approx. 748m2 offering an excellent frontage of approx. 22m providing more scope for site plan design (S.T.C.A). Call now for further information on this bigger and better opportunity.

Features

2 bedrooms
1 bathroom
748 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Rosebud over the last 12 months, the estimated median property value of 62 Kennington Road is $655k.

Median value
$655k
Estimated value range
$515k - $1.05m
Median days on market
28
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rosebud. 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 62 Kennington Road

2023
Rented
Undisclosed
Leased on 01 Feb 2023 by OBrien Real Estate Rye
2019
Rented
Undisclosed
Leased on 02 Jul 2019 by OBrien Real Estate Rye
2015
Sold
$385,000
Sold Before Auction on 05 Oct 2015 by John Hall

Happy sellers in Rosebud

83%
83% of sellers in Rosebud reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 36 reviews in Rosebud over the last 12 months.

Local market activity for 2 bedroom houses in Rosebud

In the last 12 months, 54 two-bedroom houses similar to 62 Kennington Road, have been sold.

This represents a 9% increase in two-bedroom houses sales when compared to the previous 12 months.

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