35/7 Feehan AvenueMoonee Ponds VIC 3039
Property Details for 35/7 Feehan Ave, Moonee Ponds
35/7 Feehan Ave, Moonee Ponds is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 3916m2. While the property is not currently for sale or for rent, it was last sold in June 2014.
Last Listing description (April 2024)
2 BEDS 2 BATHS WITH CARPARK - 7.64% GROSS RETURN
Situated directly opposite Moonee Valley Racecourse, and only a short stroll to the vibrant retail, dining and cafe precinct of Puckle Street, this large 2 bedroom apartment boasts location, and size.
Situated in a small boutique complex, directly overlooking the $2 billion redevelopment well under way at Moonee Valley racetrack. The project will deliver a world-class racing facility which combines residential, retail, commercial and lifestyle, cafe/ restaurant precinct.
Only a mere 8km to Melbourne CBD, 7km to Essendon Airport & 15km to Melbourne Airport, and a location that cannot be overlooked!
Boasting a large 82.3 m2 interal floor area, this 2 bedroom, 2 bathroom apartment has an enviable address, located directly opposite Moonee Valley racetrack complex and the new entertainment/ dining precinct.
With an open floor plan, consisting of large kitchen, living and dining space complete with an outdoor entertainment terrace.
The apartment features two bathrooms with full ensuite to master, and European style separate laundry.
The Complex has secure gated parking (on title), an in-ground swimming pool, communal BBQ gazebo area and conference room facilities onsite.
A location that cannot be ignored for investors!!
Lease Details:
Current Rent : $668 per week - $34,752 pa
Return: 7.9 % Gross - 6.94%- Net**
Rental Increases as follows:
MARCH 2025 + CPI
MARCH 2026- MARKET REVIEW
Leased to: 05/03/2026 plus 6 x 5 Year options
**Net returns do not include capital works, government fees or additional expenses associated with property ownership
Approximate Owner Outgoings:
Council Rates $1086.00 per annum
Water Rates: $ 620.00 per annum
Body Corporate Administration Fee: Paid by tenant
Body Corporate Sinking Fund: $2500 per annum
Please note:
This apartment will be due for kitchen and bathroom upgrades this term. Phone to discuss for more information.
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Property History for 35/7 Feehan Ave, Moonee Ponds, VIC 3039
- 18 Apr 2024Listed for Sale Not Disclosed
- 03 Jun 2014Sold for $475,000
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About Moonee Ponds 3039
The size of Moonee Ponds is approximately 4.4 square kilometres. It has 20 parks covering nearly 17.0% of total area. The population of Moonee Ponds in 2016 was 14250 people. By 2021 the population was 16224 showing a population growth of 13.8% in the area during that time. The predominant age group in Moonee Ponds is 30-39 years. Households in Moonee Ponds are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Moonee Ponds work in a professional occupation.In 2021, 58.90% of the homes in Moonee Ponds were owner-occupied compared with 60.30% in 2016.
Moonee Ponds has 11,062 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 7.69% increase in median value, while Units have seen a 13.96% increase. As at 28 February 2026:
- The median value for Houses in Moonee Ponds is $1,638,406 while the median value for Units is $619,066.
- Houses have a median rent of $685 while Units have a median rent of $550.
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