1/2 Don Bosco DriveNarre Warren VIC 3805
Property Details for 1/2 Don Bosco Dr, Narre Warren
1/2 Don Bosco Dr, Narre Warren is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 5236m2. While the property is not currently for sale or for rent, it was last transferred in April 2025.
Last Listing description (April 2024)
This two bedroom, two bathroom apartment has recenly undergone full reurbishments to both kitchen and bathrooms. Open plan and sunlit apartment boasts a large living space, good sized bedrooms with built in robes, with granite benchtops.
The open plan kitchen features stainless steel appliances and flows seamlessly into the dining area, which opens up to an outdoor terrace.
Rent details:
Yield: 6.22% Gross, 5.93% net (approx.)
*** Tenant pays Council and Water rates and OC Administrative levies.
**Net returns do not include government taxes**
Rent increases as follow:
July 2024 - 4% increase = $471 per week, $24,530 per annum
Leased to July 2025 plus 4x5 year options
Annual rent increase: 4% pa, market rent review every 5 years, next due in July 2025.
Approximate Owner Outgoings:
Council Rates: PAID BY QUEST TENANT
Water Rates: PAID BY QUEST TENANT
Body Corporate Administration Fee: PAID BY QUEST TENANT
Body Corporate Sinking Fund: $1117 per annum
Quest Narre Warren is located within the regions business & commercial hub, with both Westfield Fountain Gate and the charming Main Street of Berwick village only a short distance. With Casey, Epworth and St John of God Berwick hospital's all within close proximity, together with Berwick Monash University campus and Chisholm Institute of TAFE, the location attracts long term corporate clients.
With Melbourne CBD only 40 minutes on the M1, refurbishments completed in 2019 and the tenant paying Council and water rates, plus Owners Corporation admin levies- It provides a high net yield investment!!
Tenant pays all outgoings except sinking fund.
The complex includes an inground swimming pool, fully covered outdoor communal entertainment/ BBQ area, and car park on title.
Disclaimer. The information provided herein, and any further information supplied, is provided by way of example only. It is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek the advice of their legal, financial and other advisors prior to investing, so as to determine whether this type of investment is suitable for their specific needs.
The information contained has been provided to me by the vendors or third parties. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
Property History for 1/2 Don Bosco Dr, Narre Warren, VIC 3805
- 15 Apr 2025Transferred
- 18 Apr 2024Listed for Sale Not Disclosed
- 25 Mar 2019Listed for Sale $359,000
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About Narre Warren 3805
The size of Narre Warren is approximately 14.0 square kilometres. There are 52 parks, covering nearly 9.0% of the total area. The population of Narre Warren in 2016 was 26621 people. By 2021 the population was 27689 showing a population growth of 4.0% in the area during that time. The predominant age group in Narre Warren is 30-39 years. Households in Narre Warren are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren work in a trades occupation.In 2021, 69.20% of the homes in Narre Warren were owner-occupied compared with 71.70% in 2016.
Narre Warren has 12,218 properties. Over the last 5 years, Houses in Narre Warren have seen a 21.43% increase in median value, while Units have seen a 36.89% increase. As at 31 May 2026:
- The median value for Houses in Narre Warren is $849,527 while the median value for Units is $615,355.
- Houses have a median rent of $575 while Units have a median rent of $530.
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