Hodges Real Estate
471 Beach Road BEAUMARIS - Residential for sale
SOLD

471 Beach Road, BEAUMARIS, VIC 3193

  • 2Beds
  • 1Baths
  • 2Cars
Hodges - AuctionSOLD Mon 31 Aug 2015
$1,119,000
471 Beach RoadBEAUMARISVIC3193AU

Auction

Auction

Beach Road Investment with sweeping bay views and further development potential !

In this desirable location overlooking the bay surrounded by trendy restaurants and adjoining the Beaumaris Hotel redevelopment this two storey investment property offers:

A ground floor shop opening to Beach Road and containing two rooms of 46 m2 with sink and WC. Currently returning $24,000 plus GST. Lease is a 5 x 5 year lease that commenced on the 1st July 2011, with annual increases of 3%.

The two storey, two bedroom plus study apartment has a sunny ground floor kitchen with Blanco appliances, separate lounge/dining room with OFP and a tropical inspired rear courtyard for alfresco entertaining. Rental potential of $20,800. Double carport from rear laneway.

Total investment return of $44,800 plus the potential of an additional income stream from Beach Road signage. Land area 222 m2 (2,400 sq. ft.). Frontage to Beach Road 6.09m (20')

John Speer 0418 326 736

Property Code: 533

On the radar

BEAUMARIS - 3193

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Beaumaris, approximately 20 km southeast of the CBD, is a prestigious bayside suburb renowned for its clifftop views, native vegetation, and mid-century architecture. Beaumaris is bordered by beautiful beaches, coastal walking trails, and the renowned Beaumaris Bay. It is home to leading public and private schools, the Beaumaris Concourse retail village, and renowned golf courses such as Royal Melbourne and Victoria Golf Club. With its relaxed coastal feel, architectural significance, and family-friendly community, Beaumaris is highly sought after by professionals and established families.

  • $2.1MMedian House Price
  • 27Days on Market
  • 13,947Population
  • +5%Capital Growth

This residential is located in BEAUMARIS, VIC 3193. Discover recently sold properties and current listings in BEAUMARIS with Hodges Real Estate.

View the BEAUMARIS suburb profile for local insights, or browse all sold properties across Melbourne.

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