Back 65 Toora Drive
Off Market

65 Toora Drive

Westmeadows VIC 3049

3
1
880 m²
House
Last sold for $670,000
Alexander SherriffAlexander Sherriff, last sold this property on 16 July 2024 after 32 days on market.

Overview

Prime Development Opportunity With No Airport Overlay!

Attention Developers! Seize this unparalleled opportunity to create a lucrative residential development in the heart of Westmeadows. Situated on a generous 880sqm (approx.) block with a substantial frontage (16.2M), this site is ideal for building up to 4 units or townhouses (STCA). Key Features: - Large, Flat Block: Perfect for constructing up to four three-bedroom properties, maximising your investment potential (STCA) - Proximity to Amenities: Conveniently located near all local amenities, making it an attractive choice for future homeowners. - Not in Melbourne Airport Overlay: Melbourne Airport overlay restricts subdivision. This is not within those boundaries, allowing up to 4 potential 3 Bedroom sites to be placed on the property (STCA) This property offers exceptional value and a unique opportunity to develop in a thriving community. Don't miss out on this rare find at 65 Toora Drive Westmeadows - The perfect canvas for your next project.

Features

3 bedrooms
1 bathroom
880 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Westmeadows over the last 12 months, the estimated median property value of 65 Toora Drive is $717.5k.

Median value
$717.5k
Estimated value range
$540k - $935k
Median days on market
24
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Westmeadows. 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 65 Toora Drive

2024
Sold
$670,000
Private Sale/Treaty on 16 Jul 2024 by Alexander Sherriff, of YPA Gladstone Park

Happy sellers in Westmeadows

90%
90% of sellers in Westmeadows reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in Westmeadows over the last 12 months.

Local market activity for 3 bedroom houses in Westmeadows

In the last 12 months, 39 three-bedroom houses similar to 65 Toora Drive, have been sold.

This represents a 26% increase in three-bedroom houses sales when compared to the previous 12 months.

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