1/27 The Avenue, Belmont VIC 3216

Currently tenanted at $490 per week.

According to AirDNA, you can potentially receive up to $48,500 rent per year at $228 per night, as this property can host up to 8 people. Even at 58% vacancy rate throughout the year, that's a potential return over 8.8%! AirDNA report provided upon request.

Additionally, all furniture and Whitegoods in the property are included for only $10,000! Original cost was approximately $20,000.

Situated on approximately 352sqm, this outstanding opportunity in sought-after Belmont is perfect for the savvy investor or first home buyer. Only 300m down the street is the renowned Barwon River where you will find beautiful walking tracks and endless recreational activities.

The home comprises of four generously sized bedrooms, all serviced by the updated central bathroom and separate toilet. Spacious and functional kitchen is with gas stove top, Haier dishwasher and ample bench space. Additional features include split system air conditioner in living area, private and secure courtyard, single car carport, 9ft ceilings and gorgeous hardwood flooring throughout.

Close proximity to the Highton Village and High Street shops, bringing inviting cafes and restaurants, boutique retail stores and all your daily amenities within effortless reach. This property is prepared to cater for families or tenants of all ages with a short distance to Roslyn and Belmont Primary, Belmont High School and school/public bus routes.

With its pristine locale and premier investment opportunity, this property is sure to appeal to an array of buyers, especially the savvy investor. Don’t miss your chance and enquire today!