FOR SALE
$300,000 to $315,000

2/23 Barkly Street
Portland VIC 3305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Newly Renovated Unit with 6.9% Return Potential

The stylishly renovated unit is for downsizers, first home buyers and investors. If you're in search of something convenient and low-maintenance then look no further than this newly renovated 2-bedroom unit located near the South Portland shopping precinct.
Upon entry, you'll be impressed by how light filled the unit is and how welcoming the home feels. The living area offers ample space for a 4-seater couch as well as a dining table. The brand new kitchen features plenty of bench space, a breakfast bar, abundant cupboard space and is complete with a dishwasher, large sink, and new appliances. The addition of quality oak flooring adds durability and a touch of elegance, seamlessly flowing through the living space, hallway, and kitchen.
The two spacious bedrooms easily accommodate queen-sized beds and side tables, each equipped with double robes featuring internal draws and plush new carpets.
You'll also love the fully renovated bright and airy bathroom featuring a fully tiled shower, vanity with storage, and a shaving mirror with additional storage. Modern black tapware and accessories lend a contemporary touch. A separate toilet and laundry area, complete with additional cupboard, shelving and bench space, add to the unit's functionality.
Outside, a generously sized courtyard awaits, featuring painted black paving, a grassy area, and garden space. Perfect for hosting BBQs or simply enjoying outdoor relaxation, the low-maintenance backyard offers potential for those with a green thumb to create something truly special.
Additional features include new ceiling insulation, single carport, low voltage downlights throughout, new blinds, a new split system for climate control, outdoor lighting, new fencing and clothesline. All this in a lovely quiet unit complex.
For investors, this unit presents an excellent opportunity with great depreciation benefits and the potential for positive returns with weekly rental of $420 per week fully furnished (6.9% return) with the current tenant in place for 3 months and strong demand for fully furnished properties . The owner will consider selling the furniture with the unit and includes all new furniture, fridge, washing machine, microwave and more. For more information on this fantastic property contact Assets Real Estate today!
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Property Details for 2/23 Barkly St, Portland

2/23 Barkly St, Portland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Assets Real Estate Portland.

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Unit

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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 6,562 properties. Over the last 5 years, Houses in Portland have seen a 77.78% increase in median value, while Units have seen a 29.97% increase. As at 31 July 2024:

  • The median value for Houses in Portland is $384,680 while the median value for Units is $245,918.
  • Houses have a median rent of $430 while Units have a median rent of $350.
There are currently 166 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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Assets Real Estate
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Angie Steel
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Assets Real Estate Portland
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.