3/44 Torquay Road, Belmont VIC 3216

Entry-level unit | Recently refreshed | Strong rental yield potential | Affordable first-home position This two-bedroom unit on a 135-square-metre block represents an accessible entry point for first-time buyers and investors seeking modest capital outlay with established tenant demand. The property has undergone recent cosmetic work including new carpets, fresh paint, and kitchen updates with new electric appliances. These improvements position it as move-in ready, reducing immediate renovation costs for purchasers. The unit features a north-facing living area with gas heating, separate laundry facilities, and a private rear courtyard, which together suggest functional family living within a compact footprint. Located midway between two shopping precincts, the property benefits from established commercial infrastructure without the premium pricing typically associated with proximity to major centres. Units in this price bracket and condition typically attract investor interest alongside owner-occupiers, supported by documented rental yield ranging between 330 and 390 dollars per week. The building sits within a residential zone without bushfire, flood, or heritage overlays, which simplifies ownership and removes compliance complications that can deter both buyers and lenders. Properties of this type and size have demonstrated consistent appeal in the local market, particularly among downsizers and investment portfolios seeking lower-risk entries into regional real estate. The combination of recent capital improvement, straightforward tenancy history, and accessible positioning within an established neighbourhood suggests the property holds stable long-term holding value despite modest land size constraints.