Back 1303 Mountain Highway
Off Market

1303 Mountain Highway

The Basin VIC 3154

3
1
2
House
Last sold for $945,000
Tony CheTony Che, last sold this property on 11 May 2025 after 192 days on market.

Overview

Exceptional Investment Opportunity in The Basin!

• Prime Location: Situated in a busy shopping strip, featuring a landmark Post Office operating since 1902. • Post Office Lease: Approx. 127 sqm, leased at $33,728.2 pa (3-year term with option) until 2028, plus outgoings and annual reviews. • Rear Townhouse: Spacious double-storey, three-bedroom residence with private entry, leased at $22,083 pa. • High Total Rental Return: Combined rental return of $55,811.2 pa. • Additional Features: On-site parking, rear access, abundant natural light, subdivision potential (STCA) and Commercial Zone 1. Photo ID required at all open for inspections. Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in The Basin over the last 12 months, the estimated median property value of 1303 Mountain Highway is $870k.

Median value
$870k
Estimated value range
$500k - $1.2m
Median days on market
23
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in The Basin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1303 Mountain Highway

2025
Sold
$945,000
11 May 2025 by Tony Che, of Professionals First & Co.

Happy sellers in The Basin

68%
68% of sellers in The Basin reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 3 bedroom houses in The Basin

In the last 12 months, 25 three-bedroom houses similar to 1303 Mountain Highway, have been sold.

This represents a 26% increase in three-bedroom houses sales when compared to the previous 12 months.

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