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

6 Orient Avenue, Mitcham, VIC, 3132

+1 Photos

6 Orient Avenue, Mitcham, VIC, 3132

Mitcham

×
Sold Check
+3 Photos
6 Orient Avenue, Mitcham, VIC, 3132

6 Orient Avenue, Mitcham, VIC, 3132

Properties / Sold / Victoria / Mitcham
Development Potential
Property Type
Health/Medical, Residential
Sub Type
Child Care, Medical, Townhouse Sites
Land Area
1,220 m² (*approx)
Selling Method
SOLD:
Show All

VERY FEW LEFT THIS BIG - 1220.60M2 APPROX

SOLD

A huge allotment located in a premiere pocket of Mitcham, right in the heart of the highly regarded Vermont secondary college school zone and just a hop, skip and a jump to Rangeview shopping precinct. Both Mitcham and Heatherdale train stations are only a short distance away and it is a short drive to the recently renovated Eastland shopping centre. Both the Mornington Peninsula and the CBD are easily accessible via Eastlink and the Eastern freeway.

Some of the multitude of potential uses are:

  • Multi unit/townhouse development site
  • New home sites for multiple families
  • Child-care centre
  • Medical centre
  • Expanding on existing residence
  • Investment and land bank opportunity
  • Subdivision opportunity
  • All subject to council approval

Some big ticks for builders and developers include a generous frontage with the potential option for two crossovers. The setbacks are very positive with both plus a generous northerly orientation the land is flat. An extended settlement option is available. All the key ingredients for a successful development are here.

Existing house in excellent order currently leased for $1825 pcm

Call to discuss further

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Health/Medical, Residential
Sub-type
Child Care, Medical, Townhouse Sites
Land Area
1,220 m² (*approx)
Selling method
SOLD:

Development Site Highlights

VERY FEW LEFT THIS BIG - 1220.60M2 APPROX

SOLD

A huge allotment located in a premiere pocket of Mitcham, right in the heart of the highly regarded Vermont secondary college school zone and just a hop, skip and a jump to Rangeview shopping precinct. Both Mitcham and Heatherdale train stations are only a short distance away and it is a short drive to the recently renovated Eastland shopping centre. Both the Mornington Peninsula and the CBD are easily accessible via Eastlink and the Eastern freeway.

Some of the multitude of potential uses are:

  • Multi unit/townhouse development site
  • New home sites for multiple families
  • Child-care centre
  • Medical centre
  • Expanding on existing residence
  • Investment and land bank opportunity
  • Subdivision opportunity
  • All subject to council approval

Some big ticks for builders and developers include a generous frontage with the potential option for two crossovers. The setbacks are very positive with both plus a generous northerly orientation the land is flat. An extended settlement option is available. All the key ingredients for a successful development are here.

Existing house in excellent order currently leased for $1825 pcm

Call to discuss further

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

6 Orient Avenue, Mitcham, VIC, 3132

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...