40/741 Whitehorse Rd, Mont Albert is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 1903m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
This huge, two bedroom, two bathroom, apartment is securely leased to Quest Mont Albert and provides a great investment opportunity. Currently securely leased with options for further terms available, providing excellent returns and increases, this 4.5-star luxury apartment could be a valuable addition to your investment portfolio.
Stylishly furnished throughout, the apartment features a light filled open plan living/dining area opening out to a large wrap around balcony, ideal for entertaining and alfresco dining. A sleek, fully equipped kitchen includes a stainless-steel dishwasher, oven, cooktop, full size refrigerator and ample storage. The immaculately presented central bathroom has a shower over bathtub and laundry facilities, including a washing machine and dryer. The spacious master bedroom has a built-in-robe and ensuite. A second bedroom has a built-in-robe and elevated views of the leafy surrounds. Other features include split system heating/cooling, study area and one secure car space on title.
Quest Mont Albert guests enjoy the convenience of onsite reception, conference facilities and daily housekeeping.
Perfectly positioned with trams and buses at the doorstep and Mont Albert train station only a short walk away. Box Hill shops and eateries are only minutes away.
The property is currently achieving a rental return of $27,791.28 per annum, with CPI rental increases per annum.
Don't miss this secure investment opportunity in one of Melbourne's most sought-after Eastern suburbs. Contact Silvana Di Camillo to arrange a private inspection or for further information on (03) 9816 4722.
The size of Mont Albert is approximately 1.7 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Mont Albert in 2016 was 4840 people. By 2021 the population was 4948 showing a population growth of 2.2% in the area during that time. The predominant age group in Mont Albert is 50-59 years. Households in Mont Albert are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mont Albert work in a professional occupation.In 2021, 69.60% of the homes in Mont Albert were owner-occupied compared with 70.00% in 2016.
Mont Albert has 2,814 properties. Over the last 5 years, Houses in Mont Albert have seen a 21.80% increase in median value, while Units have seen a 21.33% increase. As at 30 November 2025:
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