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Back 1-4/270 High Street
Off Market

1-4/270 High Street

Belmont VIC 3216

5
4
4
1053 m²
Block of units
Jason BarnettJason Barnett, last sold this property on 11 May 2026 after 38 days on market.

Overview

Prime Redevelopment Opportunity: 4-Unit Block in Belmont

Secure a significant addition to your property portfolio with this rare opportunity to acquire an entire residential block in a highly sought-after area. Occupying approximately 1,053 square meters on a spacious corner lot at the intersection of High Street and Summit Avenue, this property offers excellent visibility and unmatched convenience. We are offering a complete package. The site includes Unit 1 (a 2-bedroom unit) and Units 2, 3, and 4 (each a 1-bedroom unit), providing you with four distinct income streams under one title. There are three fixed leases in place and one periodical lease, with an approximate annual income of $73,000, making this an attractive investment with stable returns. Each residence features a well-considered, spacious layout designed for comfortable living. With practical amenities, individual carports, and distinct outdoor areas, these units offer short-term income while you plan your long-term options. Further lease details are available upon request. Whether you plan to hold the properties to collect reliable rental returns or explore future development possibilities, this block represents a sound, high-yield strategy. Consolidating multiple units in such a prime location gives you a distinct advantage in the local property market. Take the next step towards securing this long-term development and investment opportunity by contacting us today.

Features

5 bedrooms
4 bathrooms
4 carspaces
1053 m² lot size
Block of units

Estimated Value

We need at least 3 similar 5 bedroom block of units sold in Belmont over the last 12 months.

Property history for 1-4/270 High Street

2026
Sold
Undisclosed
Private Sale/Treaty on 11 May 2026 by Jason Barnett, of Barnett Real Estate

Happy sellers in Belmont

83%
83% of sellers in Belmont reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 72 reviews in Belmont over the last 12 months.

Local market activity for 5 bedroom block of units in Belmont

Nearby agents

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

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Matthew Hunt

Matthew Hunt is an award winning recommended agent for Belmont.  They have 49 local sales and collected 34 local reviews across the last 12 months.

  •   5   (536 reviews)
  •  34 Reviews in Belmont
  •  49 Sales in Belmont
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Aly Boland

Aly Boland is a recommended agent for Belmont.  They have 1 local sale and collected 6 local reviews across the last 12 months.

  •   5   (338 reviews)
  •  6 Reviews in Belmont
  •  1 Sale in Belmont
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Michelle Winckle

Sellers who recommend Michelle Winckle have praised them for being clear communication, local expert, supportive, honest, hard-working, dedicated and reliable

  •   4.9   (384 reviews)
  •  6 Reviews in Belmont
  •  11 Sales in Belmont
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Yan Lin

Sellers who recommend Yan Lin have praised them for being clear communication, local expert, responsive, friendly, dedicated, supportive and honest

  •   4.9   (504 reviews)
  •  6 Reviews in Belmont
  •  6 Sales in Belmont
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