Back 1 & 2/41 Narcissus Avenue
Off Market

1 & 2/41 Narcissus Avenue

Boronia VIC 3155

2
1
1
1063 m²
Apartment
Last sold for $1,000,000
Wayne SewellWayne Sewell, last sold this property on 16 January 2026 after 130 days on market.

Overview

DUAL UNIT OPPORTUNITY ON ONE TITLE INVESTMENT, FAMILY LIVING OR REDEVELOPMENT (STCA)

Set on a generous 1,063sqm (approx.) allotment, this unique property offers two self-contained units on a single title, presenting an exciting opportunity for investors, extended families, or developers (STCA). Unit 1 features: 2 bedrooms, 1 bathroom Light-filled lounge room Separate laundry Handy study nook Unit 2 offers: 1 bedroom, 1 bathroom Two spacious living areas Separate laundry Undercover rear entertaining deck Both units include car accommodation, good-sized rear yards, and small storage sheds. Built in the late 1960s/early 1970s, the units are in largely original condition and would benefit from renovation or modernisation, providing scope to significantly increase rental returns. Currently leased on month-to-month agreements, the property generates a combined rental income of $36,400 per annum, with potential to achieve around $46,800 per annum (approx.) after refurbishment. Highlights: Two units on one title rare opportunity Land size: 1,063sqm (approx.) Flexible options: investment, multi-generational living or redevelopment (STCA) Convenient Boronia location close to shops, schools, parks and transport Whether you're looking to invest, accommodate extended family, or explore redevelopment possibilities, this property offers outstanding versatility and potential.

Features

2 bedrooms
1 bathroom
1 carspace
1063 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Boronia over the last 12 months, the estimated median property value of 1 & 2/41 Narcissus Avenue is $518k.

Median value
$518k
Estimated value range
$447k - $1m
Median days on market
19
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Boronia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 & 2/41 Narcissus Avenue

2026
Sold
$1,000,000
Private Sale/Treaty on 16 Jan 2026 by Wayne Sewell

Happy sellers in Boronia

88%
88% of sellers in Boronia reported that their sale price either exceeded or met their price expectations.

Boronia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 73 reviews in Boronia over the last 12 months.

Local market activity for 2 bedroom apartments in Boronia

In the last 12 months, 20 two-bedroom apartments similar to 1 & 2/41 Narcissus Avenue, have been sold.

This represents a 61% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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