Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

16 Raleigh Street, Blackburn South VIC 3130

+4 Photos

16 Raleigh Street, Blackburn South VIC 3130

Blackburn South

×
Sold Check
+6 Photos

16 Raleigh Street, Blackburn South VIC 3130

Blackburn South

SOLD
16 Raleigh Street, Blackburn South VIC 3130

16 Raleigh Street, Blackburn South VIC 3130

Properties / Sold / Victoria / Blackburn South
Development Potential
Land Area
610 sqm (*approx)
Selling Method
SOLD: More Than $870,000
Show All

SOLD - $1,205,000

Reap The Rewards In A Premier Address!

A premier street calls for you to seize the premier opportunity on offer with this exciting three-bedroom home. Exuding abundant potential on an excellent 610sqm (approx.) North-facing allotment, there's scope for multi-unit development (STCA), however as you scan the neighbourhood and notice the increasing number of brand new homes adorning the streetscape, it's also a fantastic chance to join the elite and build a luxury family home of your own in a five-star Blackburn South neighbourhood (STCA). 

Neat and tidy and original yet pristine in its presentation, the existing single-level home also allows you to move straight in and enjoy its two separate living areas, bright kitchen and clean backyard until you're ready for your next move. Alternatively, you could lease it out whilst plans and permits are being approved. Offering seamless access to Forest Hill Chase, well-regarded schools, Burwood One Shopping Centre, Blackburn train station, the 75 tram, scenic parkland and the Eastern Freeway, this is one opportunity not to be missed.

Remember to mention you found this property on DevelopmentReady

 

Read More
Development Potential

Development Site Summary

Land Area
610 sqm (*approx)
Selling method
SOLD: More Than $870,000

Development Site Highlights

SOLD - $1,205,000

Reap The Rewards In A Premier Address!

A premier street calls for you to seize the premier opportunity on offer with this exciting three-bedroom home. Exuding abundant potential on an excellent 610sqm (approx.) North-facing allotment, there's scope for multi-unit development (STCA), however as you scan the neighbourhood and notice the increasing number of brand new homes adorning the streetscape, it's also a fantastic chance to join the elite and build a luxury family home of your own in a five-star Blackburn South neighbourhood (STCA). 

Neat and tidy and original yet pristine in its presentation, the existing single-level home also allows you to move straight in and enjoy its two separate living areas, bright kitchen and clean backyard until you're ready for your next move. Alternatively, you could lease it out whilst plans and permits are being approved. Offering seamless access to Forest Hill Chase, well-regarded schools, Burwood One Shopping Centre, Blackburn train station, the 75 tram, scenic parkland and the Eastern Freeway, this is one opportunity not to be missed.

Remember to mention you found this property on DevelopmentReady

 

Read More
Development Potential

Finance Calculator

16 Raleigh Street, Blackburn South VIC 3130

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location

One moment please.

Retrieving map...