1-5 Summit AvenueBelmont VIC 3216
Property Details for 1-5 Summit Ave, Belmont
1-5 Summit Ave, Belmont is a 0 bedroom, 0 bathroom Unit. The property has a land size of 2862m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (November 2022)
+Renewed 10 year lease to Feb 2032, plus option to 2037.
+Westpeak Residential Services: A trusted Supported Residential Service (SRS) provider across Geelong and Melbourne supporting individuals who are aged or have disabilities and providing full-time accommodation. Registered with Department of Health and Human Services (DHHS).
+Provides accommodation for a maximum of 42 residents in single and twin share configurations (37 rooms).
+Large 2,681* sqm site with dual frontage to Summit Street & Davis Street.
+Tenant pays all usual outgoings as per the lease.
+High profile location with easy access to the site from the Princes Hwy which services on average 28,000 vehicles per day.
+Surrounded by important social infrastructure including 19 primary and secondary schools, servicing a combined 6,275 full-time students (within 3km radius).
+Positioned within close proximity to Waurn Ponds Shopping Centre underpinned by Coles, Woolworths and 122 speciality stores in addition to the Epworth Hospital Geelong.
+Central position within the Greater Geelong region with the population forecasted to grow to 393,216 by 2041 (increase of 46.19%).
+Net Income: $232,974* pa + GST.
To be sold by Private Sale
*approx
Property History for 1-5 Summit Ave, Belmont, VIC 3216
- 30 Aug 2022Sold for $3,400,000
- 05 Jun 2019Listed for Sale CONTACT AGENT
- 14 Sep 2018Listed for Sale CONTACT AGENT
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/nkxi4zkfbei63i4t5xbjfwqeym?signature=12a918b73a0efdfb9b887b4ea4a26822aab0aecd6e5909deff3fa15dd44e8e6e){kind=logo}
0
/assets/perm/2daehpwruyi6zhtydgj3lg34ua?signature=7d144e5145d78dcd218a5117023349a2cff1767efb1304c24a25ba6f6bd97629){kind=logo}
0/assets/perm/rxzdbzfklyi6zlxsyvp3v2ebaq?signature=571b1fd210ce5c825e720845124f871cbf0016f27a8c3bdda3e5f332c0362cda){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 8,066 properties. Over the last 5 years, Houses in Belmont have seen a 30.70% increase in median value, while Units have seen a 27.78% increase. As at 31 October 2024:
- The median value for Houses in Belmont is $713,866 while the median value for Units is $486,002.
- Houses have a median rent of $480 while Units have a median rent of $430.
Suburb Insights for Belmont 3216
Market Insights
Belmont Trends for Houses
N/A
N/A
View TrendN/A
N/A
Belmont Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
