Price Undisclosed

3 Bed  •  2 Bath  •  1 Car  •  3618m²

Main view of Homely house listing, 123 Mill Street, Mortlake VIC 3272
Floorplan of Homely house listing, 123 Mill Street, Mortlake VIC 3272
Second view of Homely house listing, 123 Mill Street, Mortlake VIC 3272
+8

Sold

123 Mill Street, Mortlake VIC 3272

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Price Undisclosed

  • 3
  • 2
  • 1
  • 3618m²

House Sold on Wed 15 Jan, 2020

What's around Mill Street

House description

“ARCHITECTURALLY DESIGNED HOME ON ALMOST AN ACRE”

With new homes either side, this approx 30 y.o one owner brick veneer home has been architecturally designed to make the most of its northerly aspect, capitalising on the sun as well as the views of Mount Shadwell and the historic Mortlake bluestone Mill. Fully insulated it is designed to be solar heated in winter and shaded in summer. Beautiful timber cathedral ceilings deliver a feeling of spaciousness and openness.

Exposed oregon beams, Tasmanian timber kitchen, double oven, large pantry, attached garage with loft, separate office, undercover paved pergola, 2 separate living areas, wood and split system heating/ cooling.

Bonus Subdivision Potential:
The land at 123 Mill Street is on two Crown Allotments but is on one overall title.
The land, (using an allowable subdivision term called " boundary realignment") could be further subdivided into two lots which would include a battleaxe driveway on the east side from Mill Street towards the south and therefore the creation of two stand alone building lots of approx 1/2 acre each. One lot would enclose the existing house and rear workshop and the other battleaxe lot would feature magnificent established gum trees, many fruit trees an elevated site with great views, front and rear access, vacant ready for construction.
The significant economic feature of this proposal is that boundary realignments are relatively straight forward with minimal costs, the battleaxe lot would access a new existing water water supply point on Mill Street, power could be provided from the existing pole on the east of the lot, sewer is available at both Mill Street and also in the rear lane and stormwater is available in the open drain in Mill Street and also to the west in the rear laneway. Four small trees would need to be removed to gain driveway access from Mill Street however legal access could also simply be obtained from the rear lane only with no further works required. The proposal would not effect the services provided to the existing house. Historically Moyne Shire do not require road construction costs for such subdivisions but the proposal would be subject to planning approval.
The south lot creation would be a very attractive to a future purchaser as it would provide a very private and secluded block which still have plenty of open space in the residential area. It may also be an very attractive option for someone who wants to place a small unit on the site, eg granny flat or relocatable house and capitalise on the extreme need for rental accommodation in Mortlake over the next few years- $200/week per bedroom suggested rate.
With all of these expensive utilities already available, the added subdivision possibility is a very attractive and rarely found extremely economical option which would provide a significant financial bonus for any purchaser of 123 Mill Street.

There are 3 bedrooms, main with ensuite, along with a 4.5m x 9m shed/ workshop with 450 volt power, phone, and rear tilt door access. All of this is set on a 3600m2 (a tick under an acre) block with rear access in a great part of town.

Property features

builtInRobes

Built-in Robes

dishwasher

Dishwasher

ensuites

Ensuites: 1

livingAreas

Living Areas: 2

toilets

Toilets: 2

Land details

Area: 3618m²

Documents

Statement of Information: View

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