7 Gilbert St, St Leonards is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 708m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
A fabulous opportunity has arisen within the much sought-after area of 'old' St Leonards to secure a fantastic home with the potential for renovation or redevelopment. The house offers an opportunity for developers to renovate/redevelop (STCA) within 100m of the sparkling shores of Port Phillip Bay.
Upstairs, the home offers a spacious master bedroom with ensuite bathroom, an open pan living & dining area, a fabulous sun-room and a functional large entertainers kitchen. The living area features polished hard-wood floors and is a large space ideal for family entertainment. The living area opens out onto the north-facing balcony which provides the ideal location to relax and enjoy the sun's warming rays and stunning water views of Port Phillip Bay and beyond.
Downstairs, the home is completed by two generous bedrooms, a second beautifully renovated bathroom with laundry facilities and a lock-up garage plus plenty of storage.
The front and rear gardens of the property are low maintenance and the rear yard features a small storage shed and an abundance of established fruit trees.
A fabulous redevelopment/renovation opportunity in close proximity to the bays beautiful beaches. Sure to sell quickly in today's market.
The size of St Leonards is approximately 28.5 square kilometres. It has 13 parks covering nearly 9.9% of total area. The population of St Leonards in 2016 was 2480 people. By 2021 the population was 3542 showing a population growth of 42.8% in the area during that time. The predominant age group in St Leonards is 60-69 years. Households in St Leonards are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Leonards work in a professional occupation.In 2021, 73.30% of the homes in St Leonards were owner-occupied compared with 71.60% in 2016.
St Leonards has 5,636 properties. Over the last 5 years, Houses in St Leonards have seen a 17.79% increase in median value, while Units have seen a 40.15% increase. As at 31 January 2026:
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