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1-4/270 High Street, Belmont, Vic 3216 Sold
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1-4/270 High Street, Belmont, Vic 3216

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Block Of Units
Type
5
Bedrooms
4
Bathrooms
4
Parkings
1,053 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 1-4/270 High Street, Belmont, Vic 3216)

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

A rare opportunity to acquire a fully leased, high-yield residential block in a prime Belmont location with development potential.

🏡 Property Highlights

  • Complete residential block with four income streams
  • Prime corner location with high visibility on High Street
  • Spacious 1,053 m² site with multiple outdoor areas
  • Stable income with three fixed leases and one periodic lease
  • Includes a mix of 2-bedroom and 1-bedroom units
  • Excellent development potential in a sought-after area

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Garage
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Ceiling Fans
  • Waterfront / Views
  • Pet-Friendly

Belmont is a vibrant suburb renowned for its convenient access to amenities, excellent transport links, and a strong community atmosphere. It offers a diverse range of shopping, dining, and recreational options, making it highly desirable for tenants and investors alike. The area benefits from ongoing development and infrastructure improvements, ensuring long-term growth potential. Its proximity to major employment hubs provides consistent rental demand. Belmont’s family-friendly environment and scenic parks make it an attractive place to live and invest.

What are the current lease terms and rental income for each unit?
The property includes three fixed leases and one periodic lease, with detailed income figures available upon request.
What development options are permitted on this site?
Potential development options depend on local zoning regulations; further planning and council approval would be required.
Are there any known building or planning restrictions on the property?
Details regarding restrictions, easements, or covenants can be provided upon request after a thorough property assessment.
What are the ongoing costs associated with owning this property?
Ongoing costs include council rates, land tax, maintenance, and management fees, which can be detailed upon inquiry.
Is there any recent or upcoming infrastructure development in the area?
Information about local infrastructure projects or planning activities can be obtained from the local council or planning authorities.
Are there any hidden costs or upcoming maintenance expenses associated with the property? Has the property been inspected for structural issues or pest infestations? Are there any zoning restrictions or easements that could affect future development? Is the property located in a flood or bushfire-prone area? Are there any planned nearby construction projects that could impact privacy or noise levels? What are the terms of the existing leases, and are there any upcoming lease expirations? Are there any strata or body corporate fees applicable to this property? Has the property been recently renovated or updated to current standards? Are there any restrictions on pet ownership within the units? What are the long-term growth prospects for this area based on current planning and development?

1-4/270 High Street, Belmont, Vic 3216 - More Details

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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.
Type
Block Of Units
Bedrooms
5
Bathrooms
4
Parkings
4
Area
1,053 m²

Price guide

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