1-4/37 Longley Street, Alfredton, Vic 3350

$1,195,000 - $1,295,000

Block Of Units
Type
5
Bedrooms
5
Bathrooms
10
Parkings
735 m²
Area

Published on Thursday, July 23, 2026 ( See property details for 1-4/37 Longley Street, Alfredton, Vic 3350)

$1,195,000 - $1,295,000

Shane Finch Sales Manager & Licensed Estate Agent
Angie Finch Operations Manager & Business Partner
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity offering a well-maintained, high-yield unit complex in a prime location with secure parking and long-term tenants.

🏡 Property Highlights

  • Strong investment opportunity with a high return
  • Well-maintained complex with long-term tenants
  • Prime location within walking distance to Lake Wendouree and Victoria Park
  • Diverse unit mix: one 2-bedroom and three 1-bedroom units
  • Secure off-street parking for each unit
  • Titled allotment of approximately 735m²

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Separate bathroom/laundry
  • Secure Parking
  • Well fitted out kitchen
  • Long term tenants
  • Titled allotment
  • Well maintained
  • Off street parking
  • Leased to excellent tenants

Alfredton is a thriving suburb renowned for its excellent amenities, proximity to Lake Wendouree, and strong growth potential. It offers a vibrant community atmosphere, quality schools, and convenient shopping options, making it an ideal location for both investors and families seeking a high-quality lifestyle.

What is the current rental income generated by the units?
The property is currently leased to excellent tenants, providing a strong and consistent rental income, though specific figures should be confirmed with the current leasing agreements.
Are there any upcoming maintenance or renovation requirements?
The units are well maintained; however, prospective buyers should conduct a thorough inspection to identify any future maintenance needs.
What are the zoning and planning regulations for this property?
The property is on a titled allotment, and zoning details can be confirmed with the local council to ensure compliance with future development plans.
Are there any restrictions or covenants affecting the property?
Any restrictions or covenants should be verified through title searches and local council records to ensure full understanding of property use.
Is the property suitable for future development or subdivision?
Given the current configuration on a titled allotment of approximately 735m², potential for future development should be assessed with local planning authorities.
Are there any hidden costs or fees associated with the property, such as strata or body corporate fees? Has the property been inspected for structural issues or pests? Are there any planned developments or construction projects nearby that could impact the property? Is there any history of flooding or bushfire risk in the area? Are there any easements or zoning restrictions that could affect future use or development? What are the terms of the current leases, and when are they due for renewal? Are there any outstanding council or utility bills associated with the property? Has the property been compliant with all local building codes and regulations? Are there any restrictions on pets or other tenant limitations? What are the long-term plans for the surrounding neighbourhood that could influence property value?

1-4/37 Longley Street, Alfredton, Vic 3350 - More Details

$1,195,000 - $1,295,000

Positioned perfectly and offering a strong return, this entire unit complex offers the most astute investors a quality addition to their portfolio.

Within walking distance to Lake Wendouree, Victoria Park, major schools and shopping, the complex offers one 2 bedroom unit and three 1 bedroom units all being well maintained and all currently leased to excellent tenants.

Each unit offers an open plan design, bedroom with built in robes, well fitted out and functional kitchen and separate bathroom/laundry.

Secure off street parking for each unit and all set on a titled allotment of approx 735m2.

With long term tenants, strong return and an excellent location for future growth, this is a rare opportunity!

***Every precaution has been taken to establish the accuracy of the above information. However, prospective purchasers are advised to carry out their own due diligence***
Type
Block Of Units
Bedrooms
5
Bathrooms
5
Parkings
10
Area
735 m²

Price guide

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