42 Albert Cres, St Albans is a 8 bedroom, 8 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 460m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 8 bedroom House sold in St Albans in the last 12 months.
Industry-leading luxara.living Managed Investment Opportunity at 42 Albert Crescent, St Albans
Discover an exceptional investment opportunity with luxara.living, a premier multiple-income property (MIP) designed for modern, high-yield investing. You may have seen the rest, but now check out the best! This newly constructed, purpose-built property is comprised of 8 luxurious, self-contained 1-bedroom suites, each with its own kitchen, bathroom and living area, offering tenants the ultimate in privacy, comfort and luxury in a AAA location.
Key Property Features:
Communal Amenities:
A thoughtfully designed communal kitchen invites tenants to connect and unwind, enhancing the community feel while ensuring privacy remains paramount.
Premium Finishes:
Meticulously crafted with top-quality construction materials and finishes, every detail reflects luxara.living's commitment to offering tenants a first-class experience of excellence.
Secure Parking:
Two designated car parks offer convenience and peace of mind.
Projected Rental Return:
*Under Luxara Livings expert management, rental income is estimated to reach approximately $180,000 per annum, maximising returns through our proven approach to tenant satisfaction and occupancy optimization, which is equated to around 10% per annum, or $180,000, positioning this as a unique high-return quality investment.
Completion Timeline:
Anticipated completion before Christmas, with early New Year settlementideal for investors looking to start 2025 with a robust income-generating asset.
Why choose luxura.living?
luxara.living properties are renowned for delivering luxurious, stable, and high-yield investment returns in Melbournes thriving suburbs. Our commitment to meticulous property management, innovative tenant engagement, and premium-quality design ensures a seamless and rewarding experience for both investors and residents.
What's on offer here is:
Mitsubishi air-conditioner in each suite
Self-contained kitchens and bathroom
Floor-to-ceiling tiles in all bathrooms
All floors are tiled for water protection
Switchboard to each room
Semi-solid doors to each main entry
Construction of brick all the way up, including second-level
Solar hot water
Washer and dryer provision for coin-operated in communal kitchen area with external vent provisions.
Study nooks
Double glazed
Electronic entry door
Cat six cables to each room
Showers plumbed from the roof
Stone top throughout
All internal walls have been soundproofed, insulated
The St Albans area offers convenient access to public transport, shops, and amenities, appealing to a comprehensive professional tenant demographic while ensuring sustained rental demand.
This unique, multiple-income property model is ideal for investors seeking dependable cash flow, premium construction, and a low-maintenance asset.
Dont miss this rare opportunity to add a luxara.living managed asset to your portfolio. Contact us today to secure your investment in this high-demand location before the end of the year!
If you'd like a copy of our Rental Demand Report on St Albans, send an enquiry, and we'll be sure to forward it to you. It's fascinating reading!
You can make an offer 24/7 by copying and pasting this link: https://www.realestatebestoffer.com.au/make-an-offer-42albertcrescentstalbans
*Disclaimer: The projected rental return is an estimate based on current market conditions and assumptions about occupancy and rental rates under Luxara Livings management. This projection is provided as a guide only and does not constitute a guarantee of actual performance. Individual circumstances, market fluctuations, and property-specific factors may impact the actual rental income. Prospective investors are encouraged to seek independent advice and conduct their own due diligence.
The size of St Albans is approximately 13.0 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2016 was 37309 people. By 2021 the population was 38042 showing a population growth of 2.0% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation.In 2021, 59.10% of the homes in St Albans were owner-occupied compared with 60.50% in 2016.
St Albans has 17,205 properties. Over the last 5 years, Houses in St Albans have seen a 19.69% increase in median value, while Units have seen a 23.82% increase. As at 30 November 2025:
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