1-4/270 High Street Belmont VIC
Prime Redevelopment Opportunity: 4-Unit Block in Belmont
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.
$1,300,000 – $1,400,000
Property Type
Block of Units
