SOLD
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Sold on 12 Jul 2024 for $360,000

101/254 Bell Street
Heidelberg Heights VIC 3081

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 101/254 Bell St, Heidelberg Heights

101/254 Bell St, Heidelberg Heights is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Heidelberg Heights in the last 12 months.

Building Type
Unit
Local Government
Banyule

Last Listing description (August 2024)

Boutique Apartment in Prime Central Location - An Investor's Dream

Apartment 1, Level 1, 1 Eden Street, Heidelberg Heights

Situated at the corner of Bell and Eden Streets in a coveted central location, this boutique apartment offers the perfect blend of space and style, making it an ideal investment opportunity.

With two spacious robed bedrooms, a floor-to-ceiling tiled bathroom, and a vast open-plan living area that extends to an oversized entertainer's balcony overlooking the streetscape, this apartment provides ample room to live and entertain.

The kitchen boasts sleek benchtops, quality stainless steel appliances, and excellent storage solutions, making it a culinary haven. If you fell like eating out, choose from the array of eateries along Burgundy Street, Ivanhoe Village, and Northland Shopping Centre.

Modern features include contemporary timber floors, high square-set ceilings, split-system heating/cooling, and secure intercom entry. Additional conveniences such as a European laundry, push bike storage, bonnet vault, and secure basement car space enhance the apartment's appeal.

Enjoy easy access to Heidelberg train station, the Heidelberg medical precinct, La Trobe University, Charles La Trobe College, recreational parklands, local bus services, and the nearby Bell Street shopping strip.

Combining modern styling with low-maintenance living, this apartment is perfect for investors seeking a lucrative opportunity in a prime location, first-home buyers, and downsizers alike.

Investment Highlights:
Current Tenancy: Tenanted at $410 per week ($1782 per calendar month) until April 2025
Body Corporate Fees: Approximately $1,055 per quarter
Deposit Terms: 10% of the purchase price
Flexible Settlement: 30/60/90 days
Don't miss out on this great chance to secure your future investment!

Property History for 101/254 Bell St, Heidelberg Heights, VIC 3081

A timeline of how this property has performed in the market
Last Sold
$360,000
12 Jul 2024
Listed for Rent
$390/w
05 Nov 2020
  • 12 Jul 2024
    Sold for $360,000
  • 03 Jun 2024
    Listed for Sale $365,000
  • 21 Jul 2023
    Listed for Sale AUCTION: $350,000 - $380,000
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About Heidelberg Heights 3081

The size of Heidelberg Heights is approximately 2.1 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Heidelberg Heights in 2011 was 6,387 people. By 2016 the population was 6,083 showing a population decline of 4.8% in the area during that time. The predominant age group in Heidelberg Heights is 30-39 years. Households in Heidelberg Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg Heights work in a professional occupation. In 2011, 56.9% of the homes in Heidelberg Heights were owner-occupied compared with 57.2% in 2016.

Heidelberg Heights has 3,998 properties. Over the last 5 years, Houses in Heidelberg Heights have seen a 23.79% increase in median value, while Units have seen a 17.08% increase. As at 31 August 2024:

  • The median value for Houses in Heidelberg Heights is $934,139 while the median value for Units is $678,460.
  • Houses have a median rent of $563 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Heidelberg heights on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Heidelberg heights.

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Disclaimer
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.