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1/7 Sanglen Terrace

Belmont, VIC 3216, Australia
$365,000
1 bed 1 bath 1 car

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Area Price Guide
$343,100$386,900

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🏘️
79
Comparable
📊
$770,000
Area median
⚖️
-53%
vs median
🗓️
1 week ago
Listed

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About this property

Securely leased and well-presented, this renovated Belmont unit offers an ideal set-and-forget investment with strong rental appeal, reliable income, and minimal ongoing maintenance. Currently tenanted until 27 February 2027 and returning $420 per week, the property provides immediate cash flow and long-term security. The renovated presentation means investors can step in with confidence, knowing there's no immediate work required. Set within a quiet, tree-lined pocket of Belmont, the unit's location continues to attract quality tenants thanks to its proximity to lifestyle amenities, schools, transport, and key employment hubs. Investment highlights: • Secure lease in place until 27/2/2027 • Immediate rental income from day one • $420 per week rental income • Renovated unit with nothing to do • Low-maintenance, single-level layout • Consistent tenant demand in a tightly held pocket Property features include: • Spacious bedroom with built-in robes • Renovated bathroom • Open-plan kitchen and living area • Electric oven, cooktop and dishwasher • Split-system heating & cooling • Generous laundry • Two private courtyards (frontyard & backyard) • Dedicated car space plus lock-up storage shed Positioned within walking distance to Highton Village, High Street shops, Barwon River walking tracks, Roslyn Primary School, Belmont High School and public transport, and just minutes from Deakin University, Waurn Ponds Shopping Centre, the Ring Road and the Surf Coast. A well-ocated, low-maintenance investment offering secure income and peace of mind from day one.

Property Features

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    Repayment calculator

    $1,770/month
    $885 /fortnight
    Loan $292,000 at 6.10% over 30 years

    Upfront costs

    Deposit$73,000
    Stamp duty$16,970
    Conveyancing (est.)$2,000
    Total upfront$91,970
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Listed
    1 week ago

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