FOR SALE
$1,200,000 Weston Real Estate

10-12 Spring Street
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1370m2
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Perfect Land - Once in a Lifetime Opportunity!

This is an exceptional and rare opportunity to acquire a substantial development site of approximately 1,370 m², consisting of two titles. Offered for the first time in 75 years, the property features an existing three-bedroom timber residence situated on one title, while the other title comprises cleared land, providing a blank canvas for your creative vision.
With a desirable north-facing aspect, this site boasts unlimited potential for developers, investors, or those looking to make their mark in a prime location. Whether you’re considering a residential development, multi-unit construction, or simply wish to enhance the existing home while taking advantage of the additional land, the possibilities are endless. Don’t miss out on this unique chance to create something truly special in a sought-after area.
For further information please Stephen Murphy on 0433 640 241
Weston Real Estate is a reputable, independent agency that prides itself on delivering exceptional, personalized service to our clients. With over three decades of experience, we have established a strong reputation for honesty, integrity, and open communication. Our dedicated team is committed to providing you with the highest level of expertise and service in both sales and rental management. Whether you are looking to buy, sell, rent, or manage your property, we are here to guide you through the process with professionalism and care. Our extensive knowledge of the Melbourne market ensures that we can provide you with accurate and informed advice.
For a sales or rental appraisal of your property, please don't hesitate to contact the owner, Mike Weston, directly on 0458 000 456. We look forward to the opportunity to serve you.
Property Code: 683
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Property Details for 10-12 Spring St, Belmont

10-12 Spring St, Belmont is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1370m2. The place is currently for sale with Weston Real Estate.

Building Type
House
Land Size
1370m2

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About Belmont 3216

The size of Belmont is approximately 9.2 square kilometres. It has 31 parks covering nearly 24.7% of total area. The population of Belmont in 2011 was 13,616 people. By 2016 the population was 14,050 showing a population growth of 3.2% in the area during that time. The predominant age group in Belmont is 20-29 years. Households in Belmont are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Belmont work in a professional occupation. In 2011, 67.2% of the homes in Belmont were owner-occupied compared with 64.5% in 2016.

Belmont has 8,157 properties. Over the last 5 years, Houses in Belmont have seen a 29.86% increase in median value, while Units have seen a 23.29% increase. As at 30 November 2024:

  • The median value for Houses in Belmont is $719,254 while the median value for Units is $483,849.
  • Houses have a median rent of $483 while Units have a median rent of $430.
There are currently 31 properties listed for sale, and 16 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Belmont.

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