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Back 1 & 2/4 Rathkeale Avenue
Off Market

1 & 2/4 Rathkeale Avenue

Mount Helen VIC 3350

4
2
2
Block of units
Last sold for $630,000
Luke VealLuke Veal, last sold this property on 05 September 2025 after 387 days on market.

Overview

Dual Homes, Dual Income With Potential for More

Here is a prime investment opportunity that is offering strong immediate returns but also enticing future development potential (STCA). Set on a generous allotment of just over 1,000m², the property currently consists of two well-maintained brick homes, each offering: 2 spacious bedrooms Galley-style kitchens Exposed brick interiors for low-maintenance living Tiled roofs and separate carports Combined, these homes return $635 per week, making this an excellent turnkey investment. And with ample land still available on the block, there may be scope to construct a third dwelling (STCA) and further enhance your yield. Perfectly positioned just steps from Federation University, IBM, and the Technology Park, with shops and public transport nearby, this property has consistently enjoyed strong tenant demand. Whether you're an astute investor seeking solid returns or looking for a site with development upside, this unique opportunity deserves your attention. For further details, contact Luke Veal on 0438 302 805.

Features

4 bedrooms
2 bathrooms
2 carspaces
Block of units

Estimated Value

We need at least 3 similar 4 bedroom block of units sold in Mount Helen over the last 12 months.

Property history for 1 & 2/4 Rathkeale Avenue

2025
Sold
$630,000
Private Sale/Treaty on 05 Sep 2025 by Luke Veal, of JensVeal Partners

Happy sellers in Mount Helen

88%
88% of sellers in Mount Helen reported that their sale price either exceeded or met their price expectations.

Mount Helen stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Mount Helen over the last 12 months.

Local market activity for 4 bedroom block of units in Mount Helen

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Helen

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Tim Allen

Sellers who recommend Tim Allen have praised them for being clear communication, local expert, reliable, supportive, friendly, easy to work with and responsive

  •   5   (156 reviews)
  •  3 Reviews in Mount Helen
  •  4 Sales in Mount Helen
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Chris McAteer

Chris McAteer is a recommended agent for Mount Helen.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (189 reviews)
  •  3 Reviews in Mount Helen
  •  5 Sales in Mount Helen
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Peter Burley

Peter Burley is an award winning recommended agent for Mount Helen.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (550 reviews)
  •  2 Reviews in Mount Helen
  •  2 Sales in Mount Helen
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Deb Pascoe

Deb Pascoe is a recommended agent for Mount Helen.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (96 reviews)
  •  2 Reviews in Mount Helen
  •  1 Sale in Mount Helen
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