39-41 Second Ave, West Moonah is a 9 bedroom, 5 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1352m2 and floor size of 343m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Super Idea!
This unique investment opportunity consists of a 5-bedroom house and four 1-bedroom units, located in the highly desirable suburb of West Moonah.
The units have spacious living areas, functional kitchens, built-ins in the bedrooms, a combined bathroom/laundry, and each have a small storage area.
Sitting at the very top of the complex is a 5-bedroom house with a renovated bathroom and kitchen, great size living areas and access to a private rooftop entertainment area with amazing views overlooking the suburbs, all the way down to the river.
You could always leave your money in the bank, but seriously - why not invest in the booming real estate market in our safe state? Just sit back and collect rent forever, maybe renovate a couple for a higher return? Maybe built more units (stca) on the land available? Opportunities everywhere on this one!
So many possibilities, but as they say, "Just do it!!"
- Room for development (stca).
- A low maintenance investment.
- Car parking is available on site.
- Major bus interchange and Moonah CBD are within a 5 minute walk.
Expressions of interest closing September 9th, 2021.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
The size of West Moonah is approximately 1.8 square kilometres. It has 9 parks covering nearly 9.0% of total area. The population of West Moonah in 2016 was 4012 people. By 2021 the population was 4522 showing a population growth of 12.7% in the area during that time. The predominant age group in West Moonah is 30-39 years. Households in West Moonah are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Moonah work in a professional occupation.In 2021, 57.40% of the homes in West Moonah were owner-occupied compared with 60.60% in 2016.
West Moonah has 1,946 properties. Over the last 5 years, Houses in West Moonah have seen a 36.63% increase in median value, while Units have seen a 41.01% increase. As at 30 November 2025:
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