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Back 81 Browning Street
Off Market

81 Browning Street

Portland VIC 3305

8
4
5
1589 m²
Block of units
Last sold for $1,037,500
Stuart WakelyStuart Wakely, last sold this property on 19 March 2026 after 16 days on market.

Overview

Multi-dwelling Investment

Positioned in sought-after North Portland, 81 Browning Street presents a rare and versatile investment opportunity set on an expansive approx. 1,589m² allotment. Comprising five titles in total, the property includes four well-maintained two-bedroom units plus a vacant front lot, offering immediate income with exciting future development potential (S.T.C.A.). Each unit is thoughtfully designed with two bedrooms featuring built-in robes, a combined dining and living area, functional kitchen, private courtyard and individual carport, providing comfortable, low-maintenance living for tenants. With leases currently in place, the property delivers a solid return of approximately 6.2%, making it an attractive addition to any investment portfolio. The substantial land holding and separate titles open the door for further development, with the vacant front allotment providing scope to construct an additional unit (S.T.C.A.), enhancing both rental yield and long-term capital growth. This multi-dwelling property is a standout opportunity for investors seeking strong returns, future development potential and a blue-chip coastal location. Contact Assets Real Estate today to book your inspection.

Features

8 bedrooms
4 bathrooms
5 carspaces
5 open car spaces
1589 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Portland over the last 12 months.

Property history for 81 Browning Street

2026
Sold
$1,037,500
19 Mar 2026 by Stuart Wakely, of Assets Real Estate Portland & Heywood

Happy sellers in Portland

78%
78% of sellers in Portland reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 98 reviews in Portland over the last 12 months.

Local market activity for 8 bedroom block of units in Portland

In the last 12 months, 1 eight-bedroom block of units similar to 81 Browning Street, have been sold.

Nearby agents

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

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Stuart Wakely

Stuart Wakely is a recommended agent for Portland.  They have 41 local sales and collected 36 local reviews across the last 12 months.

  •   5   (271 reviews)
  •  36 Reviews in Portland
  •  41 Sales in Portland
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Jason Saunders

Jason Saunders is a recommended agent for Portland.  They have 33 local sales and collected 32 local reviews across the last 12 months.

  •   5   (273 reviews)
  •  32 Reviews in Portland
  •  33 Sales in Portland
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Angie Steel

Angie Steel is a recommended agent for Portland.  They have 34 local sales and collected 33 local reviews across the last 12 months.

  •   5   (180 reviews)
  •  33 Reviews in Portland
  •  34 Sales in Portland
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Nash Wollard

Sellers who recommend Nash Wollard have praised them for being clear communication, local expert, responsive, friendly and dedicated

  •   5   (71 reviews)
  •  29 Reviews in Portland
  •  12 Sales in Portland
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