FOR SALE
$570,000

132 Hurd Street
Portland VIC 3305

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 871m2
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Corner of Opportunities

Situated within a mixed use zone sits this great investment package currently showing a 6.4% return.
Boasting 2 units plus enough space to further develop the block (Subject to council approval).
Both units consist of 2 bedrooms, open living rooms, well appointed kitchens and bathrooms. With separate tenant's occupying both units showing a great return, this could be an easy addition for your investment portfolio. Unit 1 has off street parking with an outdoor deck area. Unit 2 has some new upgraded floor coverings. The bathroom includes a separate bath and toilet. The large open plan kitchen is shared with a dining space and lounge.
Within the grounds of unit 2 there is high clearance storage that could easily accommodate a boat or caravan as well as a powered garage and workshop, carport and enclosed yard space with gated access.
This property has a lot to offer and with only a short walk to the local shops and town beach is one that is well worth considering!
Contact our office on 55223333 to arrange a private inspection today.
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Property Details for 132 Hurd St, Portland

132 Hurd St, Portland is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 871m2. The place is currently for sale with Assets Real Estate Portland.

Building Type
House
Land Size
871m2

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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2011 was 9,600 people. By 2016 the population was 9,717 showing a population growth of 1.2% in the area during that time. The predominant age group in Portland is 50-59 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a trades occupation. In 2011, 68% of the homes in Portland were owner-occupied compared with 65.2% in 2016.

Portland has 6,581 properties. Over the last 5 years, Houses in Portland have seen a 66.02% increase in median value, while Units have seen a 17.40% increase. As at 30 November 2024:

  • The median value for Houses in Portland is $394,895 while the median value for Units is $278,104.
  • Houses have a median rent of $450 while Units have a median rent of $385.
There are currently 161 properties listed for sale, and 2 properties listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Portland.

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