91 Salmon Street
Hastings, VIC 3915

Overview

Large Corner Block with Direct Access to Westernport Marina:

This property is situated on a large corner block offering direct access to the Westernport Marina, making it an excellent choice for boating enthusiasts. The location is highly convenient, just a short 10-minute walk to the shopping district where all essentials for a weekend adventure can be easily obtained.

Hastings is an ideal location for families seeking a sea-change lifestyle. The area provides comprehensive educational facilities including kindergartens, primary, and secondary schools, as well as multiple sporting facilities catering to all ages. The relaxed lifestyle is complemented by its proximity, approximately one hour's drive from Melbourne CBD.

The original brick veneer home provides comfortable family accommodation with generously sized rooms and polished timber floors throughout. Additional features include a covered rear deck, ducted heating, evaporative cooling, and multiple split system air conditioning units, ensuring year-round comfort.

Located on the corner of Salmon and Mullet Streets, the property holds significant potential for redevelopment, subject to council approval. There is scope for a luxury dream home or multiple double-story dwellings, consistent with the surrounding homes.

The property currently consists of two separate dwellings, each with its own entrance, making it ideal for weekend use or dual occupancy. The homes are air-conditioned and offer good-sized front and rear yards.

Currently tenanted, the property generates a rental income of approximately $3,259 per calendar month. The fourth quarter rate installment is $561.30, and the current tenant's water usage per quarter is approximately $723, which is variable.

Key features include:

• Large 1241 square meter corner block approximately one hour from Melbourne CBD
• Close proximity to Western Port Marina and Hastings shopping district (approximately 600 meters)
• Two air-conditioned family dwellings with separate entrances
• Good-sized front and rear yards
• Suitable for redevelopment, subject to council approval
• Currently tenanted with a rental income of approximately $3,476 per calendar month

Location