19-23 Hereford RoadMount Evelyn VIC 3796
Property Details for 19-23 Hereford Rd, Mount Evelyn
Last Listing description (September 2025)
Teska Carson and Burgess Rawson are delighted to offer to the market 19-23 Hereford Road, Mount Evelyn for sale via Expressions of Interest closing Wednesday 2 July 2025 at 3pm.The property has the following key highlights:+ Irreplaceable 5,014 sqm* supersite with valuable 103m* frontage to Hereford Road a major connecting arterial road.+ Permit approved for 104 place childcare Centre on approx. 43% of the site - Childcare Provision across the catchment is around half the metropolitan average demonstrating the demand for this use.+ Development scheme included to build QSR / Fast Food in addition to permitted childcare centre.+ Existing 3,827 sqm* building improvements include large ground floor recreation centre / warehouse (3,337 sqm*), first floor permitted medical / office (325 sqm*) and 3 bedroom apartment (165 sqm*).+ Additional uses include owner occupation, residential, medical, recreation, aged care and hospitality (STCA).+ Favourable Neighbourhood Residential Zone (NRZ3) with existing commercial use on site providing flexibility for future use (STCA).+ Holding income provided by Pro Futsal with a lease in place until 31 December 2025 with no further options.+ Strong investment potential with enormous rental upside possible.+ Excellent exposure location with 15,700* cars on Hereford Road and 22,000* cars on York Road (400m*) passing daily (1).+ Moments to IGA Supermarket, Australia Post, Mount Evelyn Tennis Club and York Road commercial precinct.+ Mount Evelyn: metropolitan Melbourne suburb 37km* from Melbourne CBD. Close proximity to Kilsyth, Bayswater, Croydon and Lilydale (1).+ Mount Evelyn: population of 10,032 with 84% of its population under 65 years old (2).For Sale via Expressions of Interest Closing Wednesday 2 July 2025 at 3pm AESTTo discuss the property further, receive an information memorandum or access the dataroom, please don't hesitate to contact us:MATTHEW FELD0415 803 348mfeld@teskacarson.com.auLUKE BISSET0400 344 211lbisset@teskacarson.com.au*Approx(1) Gap Maps(2) RealEstate.com.au
Property History for 19-23 Hereford Rd, Mount Evelyn, VIC 3796
- 07 Sep 2025Sold for $4,757,500
- 06 Sep 2025Listed for Sale Contact Agent
- 19 May 2022Sold for $2,350,000
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About Mount Evelyn 3796
The size of Mount Evelyn is approximately 17.4 square kilometres. There are 23 parks, covering nearly 19.5% of the total area. The population of Mount Evelyn in 2016 was 9702 people. By 2021 the population was 9799 showing a population growth of 1.0% in the area during that time. The predominant age group in Mount Evelyn is 30-39 years. Households in Mount Evelyn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Evelyn work in a trades occupation.In 2021, 87.10% of the homes in Mount Evelyn were owner-occupied compared with 87.10% in 2016.
Mount Evelyn has 4,027 properties. Over the last 5 years, Houses in Mount Evelyn have seen a 14.35% increase in median value, while Units have seen a 30.49% increase. As at 31 May 2026:
- The median value for Houses in Mount Evelyn is $958,191 while the median value for Units is $738,206.
- Houses have a median rent of $620 while Units have a median rent of $600.
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