56 Challis Street, Newport, VIC 3015

For sale

$1.1m - $1.2m

Capitalise this Corner

Builders and investors with entrepreneurial nous will value the increasing rarity of brilliantly located land. Offered for sale by private treaty the open, corner allotment at the end of a vibrant local shopping strip allows (STCA) the possibility of a broad range of different building uses including residential, retail, office and child care, to mention a few. This pocket of Newport is ever growing in popularity and amenity with close proximity to Newport Lakes Reserve and Altona Lakes Golf Course and an easy commute to the CBD.

Rhsite.profile
Director / Licensed Estate Agent
Nathan rh site.profile
Director / Licensed Estate Agent

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Property Info:
  • Property ID: L3758251
  • Property Type: Land
  • Land Area: 404.0 sqm
We Know Your Area
R&H Suburb Profile: Newport

R&H Suburb Summary Houses
Number of sales 145
Average Price $1,084,531
Median Price $1,055,000
Median Rental Price $540 p.w.
Change in Rental Rate (5yr) 13 %
R&H Suburb Summary Units
Number of sales 38
Average Price $705,145
Median Price $710,000
Median Rental Price $470 p.w.
Change in Rental Rate (5yr) 12 %
Newport, VIC - Median Trend
$1,055,000