192 High StreetBelmont VIC 3216
Property Details for 192 High St, Belmont
Last Listing description (August 2024)
Gartland are pleased to offer 192 High Street Belmont For Sale via Auction.
Located at the top end of High Street Belmont, the property offers excellent visibility and exposure to foot and vehicle traffic. The position ensures maximum visibility and accessibility. Surrounded by a vibrant neighbourhood, this property benefits from a thriving urban environment, making it an attractive investment opportunity & future development opportunity.
Lease Details;
Three years from 31st October with two further options of three years each
Annual CPI increments & Market review at option
Rent: $130,000 Per Annum + GST + Outgoings
Auction held onsite on Thursday the 29th February at 1pm.
Property Details:
Total Building Area 731sqm Approx, Ground Floor 550sqm Approx
Land Area 1,148sqm Approx.
Prime High Street retail location
Adjacent to Roslyn Street
Next door to Magic Hand Car Wash
Future development opportunities eg: Retail, Medical, Residential or Student accommodation STCA
Versatile 4 bedroom 1st Floor residence which can also be used as office space
Commercial 1 Zone
Contact Adam Farrell on 0439 309 928 for further information or to arrange an inspection.
Property History for 192 High St, Belmont, VIC 3216
- 07 Feb 2024Sold for $1,720,000
- 30 Jan 2024Listed for Sale Contact Agent
- 16 Dec 2021Sold for $1,600,000
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About 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 8,073 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.
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