121/6 Paine Street, Newport, Victoria, 3015

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Sold

Sold for $730,000 (Apr 08, 2019)

A Stunning Townhouse With Uninterrupted Park Views!

To inspect, enter via Crawford Street.

A truly beautiful property and one of only a select few homes within this near new development that have absolute park frontage and stunning views. This is first class Bayside Newport in all its splendour! A blue-chip location that is walking distance to all of Newports amenities, train station and The Strand waterfront. Offering double storey accommodation, with two bedrooms, two bathrooms, plus lift access to basement garage carpark. A home that is flooded with natural light and warmth. Beautifully finished and immediately appealing, a large open plan living and dining space that opens out to the wonderful north facing balcony, with magnificent views over Armstrong Reserve. A superb kitchen with all of top-notch inclusions. Timber flooring, split system heat/cool, separate laundry, study nook, excellent storage plus separate storage locker. A spacious master bedroom upstairs, also enjoys the park views, with ensuite, plus second bedroom and a beautifully appointed main bathroom. A special treat upstairs is superb outlook over the bay towards Melbourne’s CBD. This is a sensational investment and it provides an affordable opportunity to buy into the high growth Bayside Newport property market. Currently returning $550 per week to a secure tenant. Would suit investors, or those in a position to reap the rewards of the current rental return with a view to moving into the property at the end of the lease. Don’t miss this!

We Know Your Area

R&H Suburb Profile: Newport

R&H Suburb Summary Houses
Number of sales 161
Average Price $1,029,151
Median Price $1,030,000
Median Rental Price $560 p.w.
Change in Rental Rate (5yr) 24 %
R&H Suburb Summary Units
Number of sales 31
Average Price $671,579
Median Price $655,000
Median Rental Price $500 p.w.
Change in Rental Rate (5yr) 19 %
Newport, VIC - Median Trend
  • 121/6 Paine Street, Newport,
    Victoria, 3015