Property Details for 3a/3b Royal Ave, Heathmont
3a/3b Royal Ave, Heathmont is a 4 bedroom, 3 bathroom Unit.
Last Listing description (July 2022)
The perfect opportunity awaits someone looking to buy an entire complex of two units making it the ultimate investment or the complete solution for large families with dependents.
Calling all savvy investors, this is your chance to add these two spectacular dwellings to your property portfolio. Large families can keep their loved ones close by or live in one and rent out the other.
Sitting on a total land size of 698m2 with a two-in-one single title, the front dwelling (Unit 1) consists of 2 bedrooms, 1 bathroom and 1 car space, and the back dwelling (Unit 2), which was only built 8 years ago, comes complete with 2 bedrooms, 2 bathrooms, and 1 car space.
Unit 3B has airconditioning, built-in robes and a courtyard to both units, enjoy comfortable living in a peaceful setting of Heathmont.
Positioned in an incredible location, the 2 units are within walking distance to the thriving cafe culture and boutique shops at Heathmont Village, and Heathmont Railway Station, as well as being a short commute to an array of prestigious schools.
With reliable tenants already in place, Unit 1 is currently being leased for $325 per week, equating to $15,000 per year, while Unit 2 is being leased for $420 per week, equating to $20,160 per year. Combined, these units offer more than $35,000 yearly rental return.
Permit endorsed for a 2 bedroom, 2 bathroom, powder room, rumpus & ensuite to master bedroom.
Contact Thea Lay on 0491 088 371 to organise your inspection today.
Features
- 698m2 Land
- 2 Units
- Single Title
- 4 Bedrooms collectively
- 3 Bathrooms collectively
- Car Parks Available For Both Units
Upside Contact-Free Policy
In adherence to current restrictions, Upside Realty has implemented procedures for all buyer inspections, as follows:
- Hand sanitisers will be provided for all inspection attendees including the agent
- All COVIDSafe measures to be followed
- All contracts issued are paperless
Property History for 3a/3b Royal Ave, Heathmont, VIC 3135
- 07 Mar 2022Listed for Sale Vendors asking price:$1.1million
Recent sales nearby
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About Heathmont 3135
The size of Heathmont is approximately 4.4 square kilometres. It has 17 parks covering nearly 9.3% of total area. The population of Heathmont in 2016 was 9688 people. By 2021 the population was 9933 showing a population growth of 2.5% in the area during that time. The predominant age group in Heathmont is 40-49 years. Households in Heathmont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heathmont work in a professional occupation.In 2021, 80.50% of the homes in Heathmont were owner-occupied compared with 79.90% in 2016.
Heathmont has 4,506 properties. Over the last 5 years, Houses in Heathmont have seen a 9.76% increase in median value, while Units have seen a 19.02% increase. As at 31 March 2026:
- The median value for Houses in Heathmont is $1,088,880 while the median value for Units is $826,279.
- Houses have a median rent of $650 while Units have a median rent of $575.
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