4/3-5 Leicester Avenue, Mount Eliza, Vic 3930

$600,000 - $660,000

Unit
Type
3
Bedrooms
1
Bathrooms
1
Parkings
149 m²
Area

Published on Friday, June 19, 2026 ( See property details for 4/3-5 Leicester Avenue, Mount Eliza, Vic 3930)

$600,000 - $660,000

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

A beautifully presented, low-maintenance three-bedroom unit in a sought-after Mount Eliza location, perfect for downsizers, investors, or first-home buyers.

🏡 Property Highlights

  • Prime location just a short stroll from Mount Eliza Village amenities
  • Low-maintenance, single-level living ideal for downsizers and investors
  • Freshly painted throughout with rejuvenated hardwood floors
  • Three spacious bedrooms with a practical, light-filled layout
  • Strong rental potential with an estimated return of $600-$640 per week
  • Beautifully presented and move-in ready

✨ Key Features

  • Three bedrooms
  • Central bathroom
  • Freshly painted throughout
  • Beautifully rejuvenated hardwood floors
  • Low-maintenance living
  • Walking distance to Mount Eliza Village
  • Ideal for downsizers, investors, or first-home buyers
  • Open-Plan Living
  • Open-Plan Living
  • Waterfront / Views

Mount Eliza is a highly desirable coastal suburb known for its relaxed lifestyle, scenic beaches, and vibrant village atmosphere. It offers excellent amenities including boutique shops, cafes, and medical services, all within easy walking distance. The area boasts strong community spirit, beautiful parks, and a range of outdoor activities, making it perfect for families, downsizers, and investors seeking a premium lifestyle. Its convenient location provides easy access to Melbourne via nearby transport links, while maintaining a peaceful, coastal environment.

What is the condition of the property and has it been recently renovated?
The property has been freshly painted throughout and features rejuvenated hardwood floors, presenting a move-in ready condition.
What are the key features that make this property suitable for investors?
The property offers a strong rental return estimated at $600-$640 per week, along with a desirable location close to amenities, making it attractive to tenants.
Is the property suitable for downsizers or first-home buyers?
Yes, the single-level layout, low-maintenance design, and convenient location make it ideal for downsizers and first-home buyers.
What amenities are within walking distance from the property?
The property is within walking distance to Mount Eliza Village, including boutique shops, cafes, restaurants, supermarkets, and medical services.
Are there any additional features such as outdoor spaces or parking?
Yes, the property includes an outdoor area, secure parking, and internal laundry facilities.
Are there any upcoming plans for development or construction in the vicinity that could affect the property? What are the strata or body corporate fees and regulations, if applicable? Are there any known issues with the property such as structural defects or pest problems? Is the property compliant with all local zoning and planning regulations? Are there any easements, covenants, or restrictions affecting the property? What are the flood or bushfire risks associated with this location? Are there any ongoing or planned maintenance costs for shared facilities or common areas? Has the property been inspected for asbestos or other hazardous materials? Are there any noise or nuisance issues from nearby businesses or construction? What is the history of the property's ownership and any previous damage or repairs?

4/3-5 Leicester Avenue, Mount Eliza, Vic 3930 - More Details

$600,000 - $660,000

Type
Unit
Bedrooms
3
Bathrooms
1
Parkings
1
Area
149 m²

Price guide

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