2 & 3/36 Peter Street, Portland, Vic 3305-Image

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2 & 3/36 Peter Street, Portland, Vic 3305

Assets Real Estate - Portland and Heywood

2 & 3/36 Peter Street, Portland, Vic 3305

$390,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, July 06, 2026 ( See property details for 2 & 3/36 Peter Street, Portland, Vic 3305)

$429,000

View the agent price guide.

Assets Real Estate - Real Estate Agent - Assets Real Estate - Portland and Heywood

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Ben Nash - Real Estate Agent - Assets Real Estate - Portland and Heywood

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AI Property Insight

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

A versatile, low-maintenance investment opportunity comprising two well-located units in Portland, ideal for expanding your property portfolio with immediate rental income and future growth potential.

🏡 Property Highlights

Two well-positioned one-bedroom units on a single title
Currently leased with an instant income stream
Recently refreshed unit with new paint and updated carpet
Brand-new split system for year-round comfort
Undercover parking for each unit
Strong rental demand in Portland's coastal township

✨ Key Features

Built-in Robes
Open-Plan Living
Outdoor Area
Garage
Air Conditioning
Security Screens / Gates
Fly Screens
Internal Laundry
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Portland, VIC 3305

Portland is a highly sought-after coastal township renowned for its relaxed lifestyle, strong community spirit, and scenic waterfront views. The area offers excellent amenities, a growing rental market, and easy access to beaches and outdoor activities. Its strategic location makes it ideal for investors seeking consistent rental returns and future growth. Portland’s vibrant local culture and natural beauty make it a desirable place to live and invest.

Frequently Asked Questions

What is the current rental income for each unit?

One unit is currently leased, providing an immediate income stream, while the other has recently been refreshed and is ready for a new tenant at current market rates.

Are there any ongoing maintenance or body corporate fees?

As the property comprises two units on a single title, there are no separate body corporate fees; ongoing maintenance costs are minimal due to the low-maintenance design.

What are the zoning and planning regulations for this property?

The property is situated in a residential zone suitable for investment purposes; specific zoning details can be confirmed with local council.

Is there potential for future development or expansion?

Currently configured as two units on a single title, future development options would depend on local council regulations and planning permissions.

What are the nearby amenities and transport options?

Portland offers a range of local amenities, including shops, schools, and recreational facilities, with good transport links to surrounding areas and the coast.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses associated with the property? Has the property been inspected for any structural issues or defects? Are there any zoning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could impact the property? What are the details of the current lease, including duration and rental terms? Are there any strata or body corporate arrangements, and what are the fees? Is the property compliant with all local council regulations and building codes? Are there any restrictions on pet ownership or modifications to the units? What are the long-term growth prospects for the Portland area?

2 & 3/36 Peter Street, Portland, Vic 3305 - More Details

$390,000

Type: Block Of Units
Bedrooms: 2
Bathrooms: 2
Parkings: 2

Price guide

View Statement Of Information

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2 & 3/36 Peter Street, Portland, Vic 3305 - Point Of Interest

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2 & 3/36 Peter Street, Portland, Vic 3305

$429,000

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