45 Milbanke Street, Portland
For Sale $369,000 - House
Prime Location Investment
For SaleSituated just a block from Portland’s stunning coastal clifftops, 45 Milbanke Street offers an ideal opportunity for investors, first home buyers, or developers. Set on a 617m² corner allotment with dual access, the property presents the potential to subdivide into two blocks (STCA).
Inside, the home features three bedrooms (or two plus a study) and has been freshly updated with new carpets throughout. The light-filled living area is warmed by an updated gas heater, while the centrally located kitchen includes a modern 900mm gas cooktop and plenty of cupboard storage space. The bathroom offers a bath with stand over shower, complemented by a separate toilet for added convenience.
Step outside and enjoy a north-facing undercover alfresco area with roller blinds for year-round use, along with a low-maintenance garden featuring a veggie patch and garden shed, plus a double carport for secure parking.
Positioned within walking distance of the local hospital, high school and CBD, this is an excellent entry-level home with the potential for development or investment. Estimated rental return of $370–$390 per week. To arrange an inspection, please contact exclusive agent Nash Wollard on 0460 877 718 or the Seaview Real Estate team on (03) 5523 3822.