77 Melvin St, Beverly Hills is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 515m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
An outstanding opportunity exists to purchase an original single level residence, converted into three separate tenanted apartments providing excellent rental return.
It currently comprises two, one bedroom apartments and one, two bedroom residence, all of which enjoy open plan living/dining areas, neat and tidy kitchens as well as bright and airy bathrooms and single car spaces.
Move into one property and enjoy extra passive income from the other two residences or re-create/renovate one brand new contemporary family home (STCA).
It boasts an ultra convenient setting within close proximity of Beverly Hills and Narwee shops, while enjoying easy access to the M5 Motorway.
Converted into 2 x 1 bedroom apartments & 1 x 2 bedroom apartment
Similar layouts offering open plan living and dining, neat and tidy kitchens
Bedrooms appointed with built-in robes, bright and airy bathrooms
Timber floorboards, high ceilings, all three apartments enjoy car spaces
Excellent investment opportunity in an ultra-convenient location
Convert to original home, scope to renovate/enhance over time (STCA)
Currently tenanted: Unit 1 $350 per week & Unit 3 $420 per week
Close to Beverly Hills & Narwee shops, easy access to M5 Motorway
The size of Beverly Hills is approximately 3.1 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Beverly Hills in 2011 was 9,660 people. By 2016 the population was 10,153 showing a population growth of 5.1% in the area during that time. The predominant age group in Beverly Hills is 20-29 years. Households in Beverly Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beverly Hills work in a professional occupation. In 2011, 73.2% of the homes in Beverly Hills were owner-occupied compared with 69.1% in 2016.
Beverly Hills has 4,363 properties. Over the last 5 years, Houses in Beverly Hills have seen a 59.03% increase in median value, while Units have seen a 16.40% increase. As at 31 October 2024:
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