FOR SALE
$650,000

Lonsdale Street
Hamilton VIC 3300

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 1005m2
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RARE INVESTMENT OPPORTUNITY - UNIT COMPLEX

An exceptional investment opportunity to be had in a central location!
You have a rare chance to own an entire unit complex within the Hamilton CBD. This unique property offers a total of three units, comprising of one spacious two-bedroom unit and two comfortable and compact one-bedroom units, all situated on an approx. 1005 sqm allotment with off street parking. Offering residents both comfort and convenience with its prime location and close proximity to all essential amenities including medical facilities, public transport options and the CBD.
Each unit within the complex boasts its own distinctive features:
Unit 1; two-bedrooms with built in robes; open plan lounge and dining complete with gas heating; fully equipped kitchen with electric cooking, dishwasher and walk in pantry; bathroom with shower, bath and vanity with separate toilet; laundry with trough and linen cupboard with access to the private courtyard; secure off street parking with a double lock up garage with power and concrete floors.
Unit 2; one-bedroom with built in robes; open plan kitchen and lounge with breakfast bar complete with split system heating and cooling for all year round comfort; kitchen with electric cooking; bathroom with shower, bath and vanity with separate toilet; laundry with trough and linen cupboard with access to the private courtyard; secure off street parking with single carport.
Unit 3; one-bedroom with built in robes; open plan kitchen and lounge with breakfast bar complete with split system heating and cooling for all year round comfort; kitchen with gas cooking; bathroom with shower, bath and vanity with separate toilet; laundry with trough and linen cupboard with access to the private courtyard; secure off street parking with single carport.
Well maintained external garden and grounds. Whether you're an investor seeking to add to your portfolio or a homeowner looking to capitalise on the benefits of unit living, this complex offers a sensational opportunity with a combined rental return of $730 per week with all renters in fixed term agreements. Don't miss the chance to secure this remarkable offer, contact us today to arrange a viewing.
** please allow a minimum of 48 hours notice for any inspection **
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Property Details for 29 Lonsdale St, Hamilton

29 Lonsdale St, Hamilton is a 4 bedroom, 3 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1005m2. The place is currently for sale with Professionals Real Estate Hamilton.

Building Type
BlockOfUnits
Land Size
1005m2

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About Hamilton 3300

The size of Hamilton is approximately 199.5 square kilometres. It has 28 parks covering nearly 3.2% of total area. The population of Hamilton in 2011 was 10,103 people. By 2016 the population was 9,981 showing a population decline of 1.2% in the area during that time. The predominant age group in Hamilton is 50-59 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 71.2% of the homes in Hamilton were owner-occupied compared with 71.3% in 2016.

Hamilton has 6,335 properties. Over the last 5 years, Houses in Hamilton have seen a 88.58% increase in median value, while Units have seen a 44.18% increase. As at 31 August 2024:

  • The median value for Houses in Hamilton is $363,122 while the median value for Units is $249,293.
  • Houses have a median rent of $365 while Units have a median rent of $330.
There are currently 30 properties listed for sale, and no properties listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Hamilton.

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Melissa Ferrier
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Professionals Real Estate Hamilton
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