FOR SALE
Price Guide: $2,400,000 - $2,500,000

3 & 1 Albert Street
Belmont NSW 2280

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 670m2
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Dual R3 Zoned Blocks, Belmont CBD

Set on approximately 1,347sqm these two blocks are prime R3 Zoned land in the CBD of Belmont.
These two properties side by side are perfectly located and surrounded within an easy walk to local schools, shops, Cafes, Belmont TAFE and the tranquil foreshores of Lake Macquarie. Close proximity to local surf beaches (Redhead and Blacksmiths) and Newcastle inner city bypass. We also make note of the convenience of Belmont Public Hospital and Gateshead Private Hospital for those wishing to relocate to the Belmont/Lake Macquarie Area.
Both properties offering 3-bedroom, 1-bathroom layouts and ample car space. Perfect opportunity for those to dare to dream, investors, developers or someone wishing to land bank.
Please note that the property is currently tenanted ideal for investor or developer whilst arranging DA plans.
Outgoings for 1 & 3 Albert Street,
Council Rates $2,143.20 P/A Approximate
Water $1,084.00 P/A Approximate
Inspect: By Appointment

Property Details for 3 & 1 Albert St, Belmont

3 & 1 Albert St, Belmont is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 670m2. The place is currently for sale with Raine & Horne Maitland/Cameron Park.

Building Type
House
Land Size
670m2

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About Belmont 2280

The size of Belmont is approximately 10.4 square kilometres. It has 11 parks covering nearly 3.8% of total area. The population of Belmont in 2011 was 6,419 people. By 2016 the population was 7,123 showing a population growth of 11.0% in the area during that time. The predominant age group in Belmont is 50-59 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation. In 2011, 65.2% of the homes in Belmont were owner-occupied compared with 66.1% in 2016.

Belmont has 4,114 properties. Over the last 5 years, Houses in Belmont have seen a 68.35% increase in median value, while Units have seen a 21.32% increase. As at 31 July 2024:

  • The median value for Houses in Belmont is $877,545 while the median value for Units is $581,793.
  • Houses have a median rent of $600 while Units have a median rent of $468.
There are currently 42 properties listed for sale, and 7 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Belmont.

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Peter Neskovski
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Sarah Stewart
Raine & Horne Maitland/Cameron Park
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