In Croydons coveted Monastery Ridge area, this 1-owner property on approximately 1,562sqm presents an outstanding opportunity for the enthusiastic renovator, builder or developer (STCA).
The appeal of this property lies in its expansive block size, providing ample space to potentially accommodate up to four townhouses (STCA). Alternatively, you can explore other exciting possibilities - whether it's restoring the existing home and enjoying it, subdividing the rear portion, or clearing the site to make way for your dream residence (STCA).
The home that stands on the land is in original condition, offering a blank canvas for restoration. It features three bedrooms, one bathroom with a separate toilet, a lounge and dining room, a kitchen, a sunroom, one split system air conditioner, a covered patio, an enormous backyard with sheds and animal enclosures, plus a single carport.
Offering a plethora of options, this property is a premium acquisition for the quick-acting! Revive or redevelop (STCA), the choice is yours in a golden location.
At A Glance:
- 3 bed | 1 bath | 1 car
- One-owner property
- 1,562sqm (approx.) block
- Prime candidate for renovation or redevelopment (STCA)
- Potential for 4 townhouses (STCA)
Youll Love:
The lifestyle this property can provide, situated within a short walk to bus stops, reserves, Ainslie Parklands Primary School, Melba College, Burnt Bridge Shopping Centre, bike paths and trails. Only a few minutes drive to Croydon Central Shopping Centre, Croydon Main Street and Train Station, Sacred Heart Primary School, Good Shepherd Primary School, Yarra Valley Grammar, Luther College, Eastland and EastLink.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
The size of Croydon is approximately 14.1 square kilometres. It has 52 parks covering nearly 13.7% of total area. The population of Croydon in 2016 was 26946 people. By 2021 the population was 28608 showing a population growth of 6.2% in the area during that time. The predominant age group in Croydon is 30-39 years. Households in Croydon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croydon work in a professional occupation.In 2021, 69.80% of the homes in Croydon were owner-occupied compared with 70.10% in 2016.
Croydon has 16,017 properties. Over the last 5 years, Houses in Croydon have seen a 23.87% increase in median value, while Units have seen a 26.83% increase. As at 30 November 2025:
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