Prime 670sqm Opportunity - Invest, Move In or Build Your Dream Home

For Sale

274 Lum Rd, Wheelers Hill, VIC, 3150

Prime 670sqm Opportunity - Invest, Move In or Build Your Dream Home

House

Type

Bedrooms

Bathrooms

Parkings

Published on Tuesday, March 24, 2026 ( See property details for 274 Lum Rd, Wheelers Hill, VIC, 3150)

FOR SALE

Nicholas Richards - Real Estate Agent - Ray White - Mount Waverley

Nicholas Richards PARTNER

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Rachel Ye - Real Estate Agent - Ray White - Mount Waverley

Rachel Ye Area Manager

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile family home in a sought-after location with excellent investment and renovation potential on a generous 670sqm block.

🏡 Property Highlights

Prime location within walking distance to top schools and shopping centres
Potential to renovate or build a new home (STCA) on a spacious 670sqm allotment
Currently leased at $2,520 per month until December 2026, offering investment stability
Well-maintained home with updated bathroom and functional kitchen
Comfortable living with ducted heating and evaporative cooling
Convenient access to major freeways and public transport options

✨ Key Features

Built-in Robes
Dishwasher
Outdoor Area
Water Tank
Shed
Open-Plan Living
Ceiling Fans
Heating
External Blinds
Separate Toilet

Suburb and Property Insights of Wheelers Hill, VIC 3150

Wheelers Hill is a highly sought-after suburb known for its family-friendly environment, excellent schools, and convenient access to shopping centres and transport links. Residents enjoy a peaceful community atmosphere, proximity to Monash University, and easy connectivity to major freeways, making it ideal for both families and investors seeking a versatile lifestyle. The area features a mix of established homes and development opportunities, with ample green spaces and local amenities enhancing its appeal.

Frequently Asked Questions

What are the potential uses for the property after the lease expires?

The property can be moved into, leased out again, renovated, or rebuilt (STCA) on the spacious 670sqm allotment.

Is there scope for development or building a new home?

Yes, subject to council approval, the large allotment offers potential for renovation or constructing a new residence.

What are the nearby amenities and transport options?

The property is within walking distance to primary and secondary schools, shopping centres, and has easy access to major freeways, train stations, and bus stops.

What features contribute to the comfort of the home?

The home includes ducted heating, evaporative cooling, ceiling fans, and external blinds for year-round comfort.

Are there any water-saving features?

Yes, the property has a water tank that can be used for gardening and other outdoor needs.

What to ask about this property to agent?

Are there any planning or zoning restrictions that could affect renovation or development plans? Has the property been inspected for any structural issues or defects? Are there any easements or covenants on the land that could impact future use? What are the council rates and any additional levies or fees? Is there any history of flooding or bushfire risk in the area? Are there any upcoming developments or construction projects nearby that could affect the property? What are the terms of the current lease, and are there any restrictions on vacating or re-leasing? Are there any strata or community title considerations if planning to subdivide or develop? What are the ongoing maintenance costs for the property and garden? Is the property compliant with all building and safety regulations?

274 Lum Rd, Wheelers Hill, VIC, 3150 - More Details

Prime 670sqm Opportunity - Invest, Move In or Build Your Dream Home

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1

274 Lum Rd, Wheelers Hill, VIC, 3150 - Point Of Interest

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Your Commute at a Glance: 274 Lum Rd, Wheelers Hill, VIC, 3150

Email Enquiry To Ray White - Mount Waverley

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274 Lum Rd, Wheelers Hill, VIC, 3150

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