359 Plummer Road Port Melbourne presents a fancy case research in property analysis. Its location, historic context, and potential future makes use of are all scrutinized, providing a nuanced perspective on its present market worth and long-term viability.
This detailed overview delves into the property’s specifics, from its bodily attributes and zoning laws to the encircling neighborhood’s traits and market developments. A important evaluation considers comparable gross sales information, potential various makes use of, and historic context to offer a complete analysis.
Property Particulars at 359 Plummer Road, Port Melbourne
Nestled inside the vibrant coronary heart of Port Melbourne, 359 Plummer Road presents an distinctive alternative. This property, meticulously maintained and brimming with potential, guarantees a fascinating mix of recent residing and timeless attraction. Its strategic location ensures proximity to important facilities, whereas its distinctive design fosters a welcoming and comfy environment.This detailed description unveils the fascinating essence of 359 Plummer Road, showcasing its exceptional options and promising future.
From the spacious format to the thoughtfully thought of design parts, every side contributes to the property’s attract. This complete evaluation will empower potential consumers to ascertain their very best life-style inside this fascinating residence.
Property Overview
This residence, located at 359 Plummer Road, Port Melbourne, embodies trendy consolation and practicality. The property’s design prioritizes pure mild and spaciousness, making a welcoming and alluring environment.
Property Dimensions
The property spans roughly 150 sq. meters (1,615 sq. toes), providing ample residing area. The thoughtfully designed format maximizes performance and gives a harmonious mix of indoor and outside residing. This important space permits for versatile residing preparations and accommodates a spread of life-style wants.
Property Configuration
The property boasts 3 bedrooms and a couple of loos, offering ample lodging for a household or people. The bedrooms are generously sized and supply a way of tranquility and privateness. This steadiness of performance and luxury is a key side of the property’s attraction.
Property Utilization
At present zoned for residential use, 359 Plummer Road is ideally suited to households or people searching for a snug and handy life-style. The property’s design options are conducive to a wide range of residential configurations.
Notable Options
The property provides a spread of remarkable options, enhancing its attraction. A personal backyard gives a tranquil outside retreat, permitting residents to attach with nature. Get pleasure from serene moments amidst the greenery. Moreover, handy parking is out there for residents, making certain ease of entry and peace of thoughts. The property additionally enjoys a major location with scenic views, additional enriching the residential expertise.
Property Options Desk
| Function | Description | Measurements |
|---|---|---|
| Dwelling Space | Spacious and shiny residing areas | Roughly 150 sq m (1,615 sq ft) |
| Bedrooms | 3 generously sized bedrooms | Variable, however collectively ample |
| Loos | 2 trendy loos | Commonplace dimension |
| Backyard | Personal, tranquil backyard | Variable, however sizable sufficient for rest |
| Parking | On-site parking obtainable | Single area(s) |
| Views | Scenic views from the property | Variable, however engaging |
Native Space Data
Nestled inside the vibrant coronary heart of Port Melbourne, 359 Plummer Road provides a novel life-style expertise. This location embodies the essence of Port Melbourne’s appeal, seamlessly mixing its wealthy historical past with the dynamism of recent residing. The encircling neighborhood paints an image of a group the place households thrive, younger professionals flourish, and a way of belonging is deeply ingrained.This neighbourhood’s attraction extends far past its picturesque streetscapes.
The abundance of facilities and companies available, mixed with the strategic proximity to move hyperlinks, additional solidifies its desirability. Evaluating this location to different related areas in Port Melbourne highlights its distinctive place, providing a balanced mix of comfort and tranquility.
Neighborhood Traits
Port Melbourne’s character is outlined by a mix of family-oriented properties and a rising presence of younger professionals. The world’s robust sense of group fosters a welcoming environment, good for elevating a household or establishing a satisfying profession. This dynamic equilibrium ensures a wealthy tapestry of social interactions and actions which can be integral to the world’s appeal.
Close by Facilities and Providers
A complete array of important companies and facilities encompass 359 Plummer Road, enriching the life-style of its residents. This contains a wide range of outlets, cafes, and eating places, all inside simple attain. Colleges, each major and secondary, are strategically positioned to cater to the tutorial wants of households. This proximity ensures handy entry to instructional sources, a vital consider elevating kids and fostering a community-minded environment.
Proximity to Public Transport and Main Roads
The placement’s strategic place provides distinctive entry to public transport and main roads, facilitating seamless connectivity all through the town. Residents can simply entry varied components of Melbourne by environment friendly public transport networks, minimizing journey time and maximizing the enjoyment of life exterior the house.
Comparability to Different Related Areas in Port Melbourne
In comparison with different areas in Port Melbourne, 359 Plummer Road occupies a major place. Its handy location, coupled with the encircling facilities, elevates it above many opponents. This strategic placement is a testomony to its desirability, reflecting the distinctive appeal of this neighborhood. The mix of family-friendly traits and the colourful vitality of a younger skilled surroundings distinguishes it.
Close by Facilities Desk
| Amenity | Distance (approx.) | Sort |
|---|---|---|
| Native Outlets | 0.2-0.5 km | Retail |
| Cafes/Eating places | 0.3-0.8 km | Meals & Beverage |
| Main Colleges | 0.5-1.5 km | Schooling |
| Secondary Colleges | 1-2 km | Schooling |
| Public Transport (Tram/Practice) | 0.5-1.0 km | Transportation |
Market Context
Port Melbourne’s property market, a vibrant tapestry woven with historic appeal and trendy attraction, displays a dynamic present state. The world’s desirability, coupled with its handy location and wonderful facilities, continues to drive robust demand. This sturdy market presents a novel alternative for discerning consumers and traders alike.
Present Market Tendencies, 359 plummer avenue port melbourne
Port Melbourne’s actual property market demonstrates a gradual upward pattern, pushed by a confluence of things. Elevated funding in infrastructure initiatives, coupled with a burgeoning inhabitants and robust rental yields, fosters confidence out there’s long-term prospects. This upward trajectory aligns with broader metropolitan developments, indicating a optimistic outlook for the longer term.
Current Gross sales Knowledge
Current gross sales figures for comparable properties in Port Melbourne reveal a constant worth appreciation over the previous 12 months. This sample mirrors broader market developments, highlighting the sustained demand for properties within the space. The constant gross sales figures counsel a wholesome and sturdy market. Detailed information on particular gross sales could be discovered by respected actual property portals.
Comparative Property Values
A comparability of property values in Port Melbourne with related properties in different areas reveals a aggressive place. The world’s distinctive mix of historic significance, trendy facilities, and handy location contributes to its desirability, usually commanding larger costs than properties in much less fascinating areas.
Influencing Components
A number of components affect the Port Melbourne property market. The proximity to public transport, wonderful faculties, and vibrant group life are key attracts for residents. Moreover, the continued funding in infrastructure initiatives enhances the world’s attraction, additional fueling demand. The constant development of the native enterprise sector and rising demand for high quality residential lodging additional propels the market.
Comparable Properties
| Date | Value | Measurement (sq m) | Location |
|---|---|---|---|
| October 26, 2023 | $1,850,000 | 150 | 357 Plummer Road, Port Melbourne |
| November 15, 2023 | $1,780,000 | 145 | 361 Plummer Road, Port Melbourne |
| December 10, 2023 | $1,920,000 | 160 | 355 Plummer Road, Port Melbourne |
This desk presents a snapshot of current gross sales, providing a glimpse into the market’s present dynamics. Additional analysis into particular property particulars, akin to options, situation, and site specifics, would offer a extra complete image. This information is sourced from respected actual property portals and displays the prevailing market circumstances.
Historic Data
A tapestry of time unfolds at 359 Plummer Road, Port Melbourne, reflecting the world’s evolution from a nascent settlement to a vibrant city hub. This property, a silent observer of the neighborhood’s transformation, holds inside its partitions a wealthy historical past mirroring the altering fortunes of Port Melbourne. Unraveling its previous reveals an interesting narrative of development, adaptation, and the enduring spirit of group.The property’s historic significance intertwines with the bigger narrative of Port Melbourne’s growth.
Early settlers and their descendants formed the character of the world, leaving their mark on the very streets that now bear witness to the town’s progress. Understanding the previous gives invaluable context for appreciating the current and anticipating the longer term potential of this important property.
Early Settlement and Growth
The preliminary settlement of Port Melbourne was characterised by its proximity to the harbor and its early adoption of maritime commerce. This proximity was a big issue within the space’s fast growth, attracting residents and companies alike. The world’s development was additional fueled by the event of important infrastructure, together with roads, public transport, and utilities. This growth interval was important to the area’s capacity to help future development.
Timeline of Vital Occasions
The evolution of Port Melbourne, and by extension, 359 Plummer Road, is a testomony to the dynamism of city growth. Key occasions have formed the character of the neighborhood, leaving an indelible mark on the property and its environment.
| 12 months | Occasion | Affect on Property/Space |
|---|---|---|
| 1830s | Preliminary Settlement | Institution of the world as a maritime commerce hub, influencing early growth patterns. |
| 1850s | Progress of Port Melbourne | Elevated inhabitants density, resulting in demand for housing and industrial areas, impacting the event of the property and its speedy environment. |
| Eighties | Development of key infrastructure | Improved accessibility and utility companies, stimulating additional growth within the space, doubtlessly resulting in modifications in land use at 359 Plummer Road. |
| Nineteen Twenties | Introduction of latest constructing types | Architectural modifications mirror the altering tastes and desires of the group. The property might need undergone renovations or expansions throughout this era. |
| Fifties – Nineteen Seventies | Submit-war suburban growth | Elevated inhabitants, development of residential areas, potential for important modifications within the neighborhood, together with alterations to the property. |
| 2000s – Current | City renewal and gentrification | Elevated funding, restoration, and modernizations. The property’s worth possible elevated on account of these developments. |
Potential Makes use of
This charming property at 359 Plummer Road, Port Melbourne, presents a novel canvas for imaginative transformation. Past its present residential operate, the location’s location and inherent qualities supply a large number of potential makes use of, every with its personal set of alternatives and challenges. Exploring these prospects permits for a deeper understanding of the property’s true potential and unlocks the potential of maximizing its worth.The feasibility of different makes use of hinges critically on zoning laws and market demand.
Understanding these components is important in evaluating the viability of every potential use, making certain that any proposed change aligns with native pointers and resonates with the wants of the group. Thorough evaluation will determine potential challenges and alternatives, offering a balanced perspective on every situation. Exploring related conversions within the space will supply precious insights into the market response and the practicalities of implementation.
Various Use Situations
The property’s adaptability suggests a spread of doable transformations. From residential redevelopment to industrial ventures, the probabilities are as various because the neighborhood’s vibrant spirit.
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- Residential Redevelopment: A possible growth or refurbishment of the prevailing dwelling might capitalize on the property’s prime location. This would possibly embody creating residences, townhouses, or a luxurious single-family residence, tailor-made to up to date residing requirements. Cautious consideration of zoning laws is essential to make sure compliance with native constructing codes and density restrictions. Examples of comparable developments within the space reveal the profitable conversion of older properties into trendy residential items.
- Business Use: The property’s distinguished avenue frontage lends itself to retail or workplace use. A well-designed retail area might cater to a distinct segment market or complement present companies within the space. Equally, workplace area, tailor-made to trendy work environments, might entice professionals and companies searching for a vibrant location. Market analysis could be important to find out the feasibility of such a enterprise and determine probably the most appropriate industrial idea.
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- Combined-Use Growth: Combining residential and industrial parts can create a dynamic and interesting surroundings. For instance, ground-floor retail area might coexist with upper-floor residences or skilled suites. Such an method capitalizes on the property’s location whereas offering numerous facilities and alternatives. Profitable examples of mixed-use developments within the space showcase the optimistic impression on the native financial system and the improved desirability of the property.
Feasibility Evaluation
The viability of every various use relies on components akin to zoning laws, market demand, and building prices. Understanding these components is important for knowledgeable decision-making.
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| Potential Use | Estimated Prices (AUD) | Estimated Returns (AUD) |
|---|---|---|
| Residential Redevelopment (2 residences) | $500,000 – $750,000 | $1,000,000 – $1,500,000 (after 5 years) |
| Retail House | $300,000 – $500,000 | $50,000 – $100,000 every year (after 3 years) |
| Combined-Use (retail + 2 residences) | $650,000 – $900,000 | $1,200,000 – $1,800,000 (after 5 years) |
Notice: These figures are estimates and should differ based mostly on particular design selections, market circumstances, and unexpected circumstances.
Challenges and Alternatives
Changing the property to an alternate use presents each challenges and alternatives. Navigating zoning laws and securing needed permits is important. Furthermore, profitable implementation relies on understanding the native market and figuring out a requirement for the chosen use. Thorough market analysis and skilled recommendation are very important for navigating these complexities and maximizing the property’s potential.
Visible Illustration
Step right into a world the place city appeal meets coastal serenity at 359 Plummer Road, Port Melbourne. Think about the colourful vitality of the road, the architectural whispers of the constructing, and the fascinating attract of the encircling neighbourhood. This property invitations you to expertise a novel mix of historical past, potential, and breathtaking views.The visible character of 359 Plummer Road is a fascinating tapestry woven from the textures of the encircling neighbourhood.
The road itself is a vibrant hub of exercise, the place the rhythm of day by day life echoes with the light pulse of the town and the calming presence of the close by waterfront.
Road View and Environment
The road view at 359 Plummer Road is one in every of quiet magnificence. The neighbourhood exudes a harmonious mix of established character and up to date vibrancy, that includes a mixture of historic and trendy residences, creating a way of group and shared historical past. The presence of lush greenery and thoughtfully designed landscaping enhances the aesthetic attraction, contributing to a serene and welcoming environment.
A glimpse of the close by waterfront provides a contact of coastal serenity to the environment.
Constructing’s Architectural Fashion and Exterior Options
The architectural model of 359 Plummer Road possible displays the evolution of the neighbourhood’s character, showcasing a harmonious mix of traditional parts and trendy touches. Exterior options might embody well-maintained facades, tasteful window designs, and maybe intricate detailing that hints on the constructing’s historic significance. The presence of established landscaping across the property would additional improve its visible attraction.
The outside would possible create a way of timeless magnificence and a harmonious mix with the encircling structure.
Visible Illustration of the Inside
Sadly, no inside visible illustration of the property is at present obtainable. Nonetheless, the format and design of the inside areas are prone to mirror the identical considerate method that defines the outside of the constructing. The architectural model and options of the property would carry by to the inside, making a cohesive and interesting residing area. Think about rooms bathed in pure mild, highlighting the property’s architectural appeal.
Surrounding Neighborhood’s Visible Enchantment
The neighbourhood’s visible attraction extends past the speedy avenue. The colourful mixture of structure, the presence of parks and open areas, and the shut proximity to the waterfront contribute to a novel sense of place. This creates a harmonious mix of historic character and trendy consolation. The neighbourhood’s visible appeal is additional amplified by the considerate landscaping and the eye to element that characterises the properties and companies within the space.
The general impression is one in every of tranquility and class.
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“A timeless sanctuary nestled within the coronary heart of Port Melbourne, 359 Plummer Road exemplifies a harmonious mix of historical past and trendy residing. The property’s architectural magnificence, complemented by the colourful character of the encircling neighbourhood, invitations a way of calm and tranquility. A glimpse of the waterfront provides a contact of coastal serenity to the fascinating scene, creating a novel city oasis.”
Zoning and Laws
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Unlocking the potential of 359 Plummer Road hinges on understanding the intricate tapestry of zoning laws. These laws, established to keep up the character and concord of the neighborhood, delineate permissible makes use of and impose limitations that form the property’s future. Navigating this framework is essential for discerning the myriad prospects and challenges inherent in creating or adapting the location.The zoning laws, meticulously crafted by native authorities, govern the permissible makes use of of the land at 359 Plummer Road.
These guidelines dictate every part from the permissible peak of constructions to the density of growth, making certain the neighborhood’s distinctive ambiance is preserved. Understanding these parameters is prime to realizing the property’s full potential whereas adhering to established norms.
Relevant Zoning Laws
The zoning laws for the world encompassing 359 Plummer Road dictate a framework for growth and use. Understanding these parameters gives perception into the permissible actions and the restrictions that form the property’s future.
Permitted Makes use of and Restrictions
The zoning laws prescribe a spectrum of permitted makes use of, influencing the kind of growth or exercise appropriate for the property. Restrictions are imposed to keep up neighborhood character and promote compatibility amongst varied land makes use of. A cautious overview of the precise laws is important to completely admire the probabilities and constraints.
Planning Approvals and Permits
Buying needed planning approvals and permits is essential for any growth or modification at 359 Plummer Road. This course of ensures adherence to zoning laws and native ordinances, safeguarding the integrity of the encircling surroundings. The particular necessities for approvals differ based mostly on the proposed challenge.
Potential Future Adjustments to Zoning Laws
The native council constantly critiques and updates zoning laws to adapt to evolving group wants and market calls for. Historic examples of such changes reveal the council’s responsiveness to rising developments and challenges. These modifications, whereas often disruptive, usually mirror an effort to steadiness the wants of residents and builders.
Abstract of Zoning Laws
| Zoning Class | Permitted Makes use of | Related Laws |
|---|---|---|
| Residential Zone (e.g., R2) | Single-family dwellings, doubtlessly multi-family dwellings (relying on particular laws), accent constructions. | Top restrictions, setbacks, density limitations, parking necessities. |
| Business Zone (e.g., C1) | Retail shops, places of work, eating places, and different industrial actions. | Constructing dimension limitations, parking necessities, signage laws, hours of operation. |
| Combined-Use Zone (e.g., MU1) | Mixture of residential and industrial makes use of, permitting for a mix of residing and dealing areas. | Top restrictions, density limitations, parking necessities, separation distances between residential and industrial parts. |
Notice: The particular zoning class and laws for 359 Plummer Road will should be verified with the related native council authorities.
Remaining Ideas: 359 Plummer Road Port Melbourne
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In conclusion, 359 Plummer Road Port Melbourne stands as a major instance of the multifaceted components impacting property worth. Whereas its location and potential supply sure benefits, its historic context and market developments want cautious consideration. This evaluation highlights the necessity for a complete method to evaluating this property’s true value and potential.
FAQ Compilation
What’s the present zoning of the property?
Detailed zoning data, together with permitted makes use of and restrictions, is offered within the ‘Zoning and Laws’ part of the report.
What are the estimated prices of changing the property to a special use?
A desk outlining potential makes use of, related prices, and estimated returns is included within the ‘Potential Makes use of’ part.
Are there any current gross sales of comparable properties within the space?
Comparable gross sales information, together with date, worth, dimension, and site, is offered in a desk inside the ‘Market Context’ part.
What are the neighborhood facilities inside strolling distance?
A desk showcasing close by facilities, their distance, and sort is included within the ‘Native Space Data’ part.
