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1-4/270 High Street

Belmont, VIC 3216, Australia
5 bed 0 bath 4 car1053m²

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Area Price Guide
$1.22m$1.38m

Indicative price guide range

🏘️
63
Comparable
📊
$695,000
Area median
⚖️
+87%
vs median
📐
$1,235
Per m²
📏
1053 m²
Land
🗓️
2 weeks ago
Listed

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Zoning

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Traffic

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Bushfire risk

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Heritage

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About this property

Secure a significant addition to your property portfolio with this rare opportunity to acquire an entire residential block in a highly sought-after area. Occupying approximately 1,053 square meters on a spacious corner lot at the intersection of High Street and Summit Avenue, this property offers excellent visibility and unmatched convenience. We are offering a complete package. The site includes Unit 1 (a 2-bedroom unit) and Units 2, 3, and 4 (each a 1-bedroom unit), providing you with four distinct income streams under one title. There are three fixed leases in place and one periodical lease, with an approximate annual income of $73,000, making this an attractive investment with stable returns. Each residence features a well-considered, spacious layout designed for comfortable living. With practical amenities, individual carports, and distinct outdoor areas, these units offer short-term income while you plan your long-term options. Further lease details are available upon request. Whether you plan to hold the properties to collect reliable rental returns or explore future development possibilities, this block represents a sound, high-yield strategy. Consolidating multiple units in such a prime location gives you a distinct advantage in the local property market. Take the next step towards securing this long-term development and investment opportunity by contacting us today.

Property Features

    Location & Nearby

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    Approximate location shown. Contact agent for exact address.

    Neighbourhood Insights

    🏫
    12
    Schools
    Nearest 587m
    🚆
    22
    Transport
    Nearest 30m
    🌳
    30+
    Parks
    Nearest 667m
    🛍️
    13
    Shops & dining
    Nearest 279m
    Nearby amenities from OpenStreetMap, within ~2km of this property

    Within 5km

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