1-33 Blackburn RoadMount Waverley VIC 3149
Property Details for 1-33 Blackburn Rd, Mount Waverley
1-33 Blackburn Rd, Mount Waverley is a 12 bedroom, 6 bathroom House with 6 parking spaces and was built in 2000. The property has a land size of 2631m2 and floor size of 178m2.
Last Listing description (December 2023)
Welcome to an incredible investment opportunity! Imagine owning a building that houses not just one, but six charming 2-bedroom apartments, each equipped with a superb kitchen, full bathroom, large lounge and dining area plus a laundry. This is the perfect chance to venture into the real estate market and secure a promising future.
Boasting a corner position with dual frontages on Blackburn Rd and Morton St, conveniently located across the road from M City shopping complex, IKEA and walking distance to Monash University and the Monash Heart Hospital, this building offers unmatched accessibility for potential tenants with everything just a stone's throw away.
The apartments themselves are thoughtfully designed to provide comfort and functionality. With two spacious bedrooms, residents will have ample space to relax and unwind after a long day. The well-appointed bathrooms are perfect for rejuvenating moments, while the fully equipped kitchens are ideal for preparing delicious meals.
Furthermore, the inclusion of laundry facilities in each apartment ensures convenience and ease for your tenants. No more hauling laundry baskets to distant laundromats - everything they need is right at their fingertips.
Investing in this building guarantees financial growth with all apartments currently rented, generating an annual return of approx $110,000. For the astute investor, revisiting the current lease agreements or renting out individual rooms can significantly improve the returns.
Those looking at redevlopment opportunities will surely be attracted by the significant local ameneties, with the Blackburn Rd and corner location providing potential for high density, multi-level construction or extending upwards on the current building (STCA).
Don't miss out on this incredible opportunity to become a prominent real estate owner. Act now and secure your future with this remarkable building filled with six 2-bedroom apartments, each boasting a bathroom, laundry and kitchen. Contact us today to take the first step towards a lucrative investment journey.
Property History for 1-33 Blackburn Rd, Mount Waverley, VIC 3149
- 09 Nov 2023Listed for Sale Not Disclosed
- 07 Dec 2018Listed for Sale Not Disclosed
- 16 Jul 2018Listed for Sale Not Disclosed
Recent sales nearby
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0About Mount Waverley 3149
The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of total area. The population of Mount Waverley in 2016 was 33611 people. By 2021 the population was 35340 showing a population growth of 5.1% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation.In 2021, 73.40% of the homes in Mount Waverley were owner-occupied compared with 74.20% in 2016.
Mount Waverley has 17,939 properties. Over the last 5 years, Houses in Mount Waverley have seen a 14.59% increase in median value, while Units have seen a 15.99% increase. As at 31 March 2026:
- The median value for Houses in Mount Waverley is $1,644,027 while the median value for Units is $1,113,510.
- Houses have a median rent of $730 while Units have a median rent of $700.
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