Prime box hill location: steps from the station & box hill institute – high-yield investment opportunity!

1 bedroom

1 bathroom

988.00 m² Land area

The phone enquiry code for this property is – 1309

Calling All Investors!
PRIVATE VIEWINGS BY APPOINTMENT ONLY.
📢Modern 1-Bedroom Apartment in the Heart of Box Hill! Exceptional Investment Opportunity.
This 1-bedroom apartment, built in 2009, combines contemporary living with unmatched convenience, making it a standout opportunity for investors or first-time buyers.
✨ Why This Property Stands Out:
Current Rental Income: $255 per week ($1,106 per month) can go up to $350 per week/$18,250 per annum as per market.
Lease Details:
Agreement Commencement: 01/06/2024
Agreement Term: 12 months
Agreement Expiry: 31/05/2025
The outgoings for this apartment are as follows:
Body Corporate Fees: $550 per quarter (approx.)
Council Rates: $371 per annum(approx.)
Water rates: $193 per quarter (approx.)
✨ Secure & Convenient Complex:
– Enjoy peace of mind with secure entry and intercom access.
– Communal laundry facilities and a resident lounge area.
✨ Key Features You’ll Love:
– A separate living room and bedroom.
– Functional built-in study desk—ideal for students or remote professionals.
– Stainless steel gas kitchen and reverse cycle split system.
– Good balcony in the building.
– A spacious, modern bathroom with a sleek stone-topped vanity.
💼 Investor Highlight:
An excellent addition to your portfolio with strong rental yields in a highly sought-after location.