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207 McKinnon Road, McKinnon$1.22m

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For Salehouse

207 McKinnon Road

McKinnon, VIC 3204, Australia

$1.22m

2 bed 2 bath224 m²

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About this property

Buy this home/retail setup for $1.22m, or buy together with 205 McKinnon Road, for development of 14 apartments for $2.4M This 2/3 bedroom home is located behind a retail shop in McKinnon. Approx Land area: 224sqm. Featuring 2 good size bedrooms, with Robes, master with Air conditioner/heating. Large open plan Kitchen and dining/meals area. Lounge room with Gas heating and Air conditioner. Rear storage rooms, one which can be used as a 3rd bedroom. 2 Bathrooms, Internal with shower over bath. All original condition. Can be modified and renovated to make a great home. Retail shop in front, with approx. 45sqm, that can be rented, and used or used as a living area. Office. Rear way access with Gate, that can be modified for off street parking option. View strictly by inspection only, as currently tenanted. *Price is subject to additional GST, as this is a Commercial Zone. Shop rental potential: $400p.w / Residential Rental potential: $450p.w Walking Distance to McKinnon Station, shops, McKinnon Secondary, and also zoned for Ormond Primary school. Local Parks, and supermarket and specialty cafes on Centre road.

Property Details

Property Type: house
Listing Type: For Sale
Bedrooms: 2
Bathrooms: 2
Land Area: 224 m²
Listed: 2 weeks ago

Repayment calculator

$5,915/month

$2,957 /fortnight

Loan $976,000 at 6.10% over 30 years

Upfront costs

Deposit$244,000

Stamp duty$67,100

Conveyancing (est.)$2,000

Total upfront$313,100

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in McKinnon

This 2-bedroom house in McKinnon, VIC 3204 sits within reach of public transport, local shops and nearby schools. It is listed 6% above the $1.15m median of 66 comparable houseswithin 5 km.

Schools near McKinnon

Mckinnon Secondary Collegesecondary · 7-12 · CoEd

What's nearby

McKinnon Station rail replacement stop (bus) — 110 m away
Reveur Cheveux — 130 m away
Unnamed — 423 m away
Wattle Grove Reserve — 494 m away
Joyce Park — 621 m away

McKinnon at a glance

Full suburb profile

Population: 6,878
Median age: 40
Household income: $2,410/wk
Median rent: $516/wk
Median mortgage: $2,689/mo

Source: ABS Census.

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