198-200 Grimshaw St, Greensborough is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 948m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
SOLD BY Morrison Kleeman - Perfect for the astute developer looking to capitalise on the existing plans and permits, this expansive 948 m2 allotment (approx.) a short walk from the heart of every Greensborough amenity, including Greensborough Plaza, the station, the delights of Main Street, and schools ensures a project with a clear path to success and a rewarding return on investment.
A ready-to-initiate development, it sits in a highly sought-after pocket with a proven sales record and a strong demand for quality new homes. All five townhouses include a ground-floor main with an ensuite and two first-floor bedrooms sharing a large bathroom. They are complemented by an open-plan living-meals anchored by the kitchen and stretching out to a generous balcony. Double garages with internal access round out an easy-to-sell or rent proposition.
Existing plans and permits introduce the possibility to take advantage of prevailing strong off the plan buying conditions, commencing pre-sale marketing at the earliest opportunity.
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The size of Greensborough is approximately 10.2 square kilometres. There are 41 parks, covering nearly 12.1% of the total area. The population of Greensborough in 2016 was 20821 people. By 2021 the population was 21070 showing a population growth of 1.2% in the area during that time. The predominant age group in Greensborough is 40-49 years. Households in Greensborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greensborough work in a professional occupation.In 2021, 80.40% of the homes in Greensborough were owner-occupied compared with 80.40% in 2016.
Greensborough has 9,930 properties. Over the last 5 years, Houses in Greensborough have seen a 7.26% increase in median value, while Units have seen a 9.07% increase. As at 31 May 2026:
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