Back 102/40 Janefield Drive
Off Market

102/40 Janefield Drive

Bundoora VIC 3083

2
2
1
82 m²
Apartment
Nick WaltersNick Walters, last sold this property on 28 March 2026 after 179 days on market.

Overview

HUGE 7% NETT RETURN -TWO BEDROOM APARTMENT PLUS CAR PARK ....

Situated on the Ground Level this recently refurbished twin key apartment offers 2 bedrooms, 2 bathrooms and boasts a generous 82m2 internal size, plus 11sqm of outdoor balcony, and car park. Tenanted by QUEST on a long term lease, this Twin Key apartment offers an interconnecting door providing the versatility to separate into two separate apartments dependent on bookings. A solid investment with fantastic returns, complete with a secure underground carpark and communal BBQ area. Quest Bundoora is located within the Uni Hill town center with a short stroll to DFO Shopping Centre, supermarkets, local restaurants and cafes, A tram stop is nearby taking you directly to the city and is also within close proximity to La Trobe University, RMIT, Parade College and Northern Hospital. NB: THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION Lease Details: Current Rent: $39,299 pa ($753 per week) Increases: 4% annually between market reviews every 5 years (Next Mkt Rev due 2027) Current Return: 7.6% Gross - 7% Nett Lease: Until 26/08/2027 Options: 6 x 5-Year options Approximate Owner Outgoings: Council Rates: $1,873 pa Water Rates: $792 pa Body Corporate Maintenance Fund: $672 pa Tenant (QUEST) Outgoings: Body Corporate Administration Fee Inspection is by private appointment. For further details please contact: Nick Walters of Kingsford Property - 0438 557 885 Nick@kingsfordproperty.com.au Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

Features

2 bedrooms
2 bathrooms
1 carspace
82 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Bundoora over the last 12 months, the estimated median property value of 102/40 Janefield Drive is $439k.

Median value
$439k
Estimated value range
$330k - $750k
Median days on market
45
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bundoora. 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 102/40 Janefield Drive

2026
Sold
Undisclosed
Private Sale/Treaty on 28 Mar 2026 by Nick Walters, of Kingsford Property

Happy sellers in Bundoora

85%
85% of sellers in Bundoora reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 71 reviews in Bundoora over the last 12 months.

Local market activity for 2 bedroom apartments in Bundoora

In the last 12 months, 73 two-bedroom apartments similar to 102/40 Janefield Drive, have been sold.

This represents a 15% increase in two-bedroom apartments sales when compared to the previous 12 months.

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