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36 Sweeney Drive, Narre Warren$1.15m
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For Saleland

36 Sweeney Drive

Narre Warren, VIC 3805, Australia
$1.10m – $1.20m
1112 m²

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About this property

Ready, Set, GO! With Plans and Permits in place and ready for you to get started on this money making project without delay, this is one opportunity you don't want to slip by. The site: 1112m of prime land holding The Development: TWO double Storey Class 1B rooming houses - each with 9 rentable rooms! That's an impressive 18 rentable rooms on this site. The site is to be split into a front lot and a rear lot for each dwelling *Note Class 1B Dwellings are not subject to land tax! The Location: 10 minute walk to Narre Warren Train Station & Bus Transfers 20 minute walk to Fountain Gate Shopping Centre 5 minute drive to Monash Freeway 15 minute drive to Casey Hospital Education - Abundance of Child Care centers and a vast selection of both Primary and Secondary schools all nearby from a walk to a short drive. The hard work has been done and ready for the savvy investor to take advantage of this money making site! *Perhaps taking on an entire development is too much right now? Would just the front or rear site be more of interest to you? Reach out to me for a open conversation on some options we can discuss to possibly still make this project a winner for you!

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1112 m²
Listed
1 month ago

Repayment calculator

$5,575/month
$2,788 /fortnight
Loan $920,000 at 6.10% over 30 years

Upfront costs

Deposit$230,000
Stamp duty$63,250
Conveyancing (est.)$2,000
Total upfront$295,250
Verify with VIC revenue office →
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 Narre Warren

This land in Narre Warren, VIC 3805 sits within reach of public transport, local shops and nearby schools. It is listed 56% above the $739,000 median of 60 comparable landswithin 5 km.

Schools near Narre Warren

  • Dandenong Valley Special Developmental Schoolcombined · U · CoEd
  • Don Bosco Schoolprimary · Prep-6 · CoEd
  • Fleetwood Primary Schoolprimary · Prep-6 · CoEd
  • Fountain Gate Primary Schoolprimary · Prep-6 · CoEd
  • Maramba Primary Schoolprimary · Prep-6 · CoEd
  • Oatlands Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)247 m away
  • Melbourne's mower centre - the Red shed418 m away
  • Unnamed144 m away
  • Nick Drodge Reserve286 m away
  • Unnamed407 m away

Narre Warren at a glance

Full suburb profile
Population
27,689
Median age
35
Household income
$1,741/wk
Median rent
$360/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Narre Warren price trend

Median sold · House 3 bed

Compound growth +2.1% / yr over 4 yrs

$765kcurrent median

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Full Narre Warren market

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Price history

Listing price changes

1 price change recorded for this property

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