3/4 Riverway Rd, Montrose is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 93m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
If you're in the market looking for your next investment property then look no further then this tidy and well maintained unit, with secure tenants already in place till January 2025 paying $380 per week makes this an ideal invesment opportunity.
The home comprises of a spacious lounge with a heat pump, open plan dining and kitchen area and 2 spacious bedrooms with built-ins. Other features include a combined bathroom and laundry, separate toilet, plus a small balcony of the lounge and a carport.
Set back from the road, This unit is within walking distance to Northgate, Coffee shop, restaurant, bus stop, bike track and schools. With so much to offer and a great rental return this property is one not to miss.
Please contact me for further information or to book your private inspection.
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The size of Montrose is approximately 2.9 square kilometres. It has 6 parks covering nearly 2.2% of total area. The population of Montrose in 2016 was 2152 people. By 2021 the population was 2313 showing a population growth of 7.5% in the area during that time. The predominant age group in Montrose is 30-39 years. Households in Montrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montrose work in a community and personal service occupation.In 2021, 68.60% of the homes in Montrose were owner-occupied compared with 70.80% in 2016.
Montrose has 1,111 properties. Over the last 5 years, Houses in Montrose have seen a 41.79% increase in median value, while Units have seen a 33.24% increase. As at 31 January 2026:
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