If you’re looking to invest in the thriving Belmont market, here is a unique opportunity to secure a four-unit complex in a quiet and convenient pocket. Set on a 652m2 (approx.) allotment, comprising three 2-bedroom units and one 1-bedroom unit, the site offers exceptional value with solid return. Positioned in a family friendly neighbourhood, surrounded by parks, reserves and sporting facilities, moments from a range of shopping and services including the High Street strip, Grovedale shops, supermarkets and entertainment, Waurn Ponds Shopping Centre, 5 minutes (approx.) from Marshall Station, 10 minutes (approx.) from Deakin University, and with easy access to city or surf, this location offers excellent accessibility to all amenities.
All units feature open plan living areas with well-equipped kitchens, and bathrooms incorporating laundry facilities for self-contained functionality. The well-maintained grounds include a four-car carport accommodating off street parking for each property. The configuration of the units is as follows:
Unit 1: 1 Bed, 1 Bath, 1 Car
Unit 2: 2 Bed, 1 Bath, 1 Car
Unit 3: 2 Bed, 1 Bath, 1 Car
Unit 4: 2 Bed, 1 Bath, 1 Car
Presented for comfortable living now, there is further scope to update and enhance the properties and add value in future.
As Belmont continues to grow in popularity for its wide range of established amenities, central proximity and convenient lifestyle, now is the ideal time to invest in this sought-after suburb. Don’t let this opportunity pass you by.
Current rental return: $58,000 per annum
