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301/40 Burgundy Street

Heidelberg VIC 3084

2
2
2
98 m²
Apartment
Currently for sale - view listing

Overview

Modern 2-Bedroom Apartment with Study & Double Carpark in the Heart of Heidelberg — Leased Until January 2027

Perfect for investment and owner-occupy. Level 3, Unit 301, 2 bed 2 bath plus study 2 carpark, Int: 90sqm, Balcony: 8sqm, Total: 98sqm Perfectly positioned on Level 3 of a contemporary complex, this spacious and light-filled apartment offers a superb combination of comfort, convenience, and investment security — just steps from Heidelberg’s vibrant Burgundy Street precinct. Comprising two generous bedrooms (master with ensuite), a dedicated study, and two modern bathrooms, the home delivers 90sqm of stylish interior living plus an 8sqm private balcony. The open-plan layout features a well-appointed kitchen with quality appliances, stone benchtops, and ample storage, seamlessly connecting to the living and dining area. With two secure car parks and a long-term lease in place at $690 per week (expiring 15 January 2027), this property represents an ideal opportunity for investors seeking a low-maintenance, high-demand rental in one of Melbourne’s key medical and education hubs. Property highlights: - Two bedrooms, two bathrooms plus study area - Two secure car spaces - Internal: 90 sqm | Balcony: 8 sqm | Total: 98 sqm - Currently leased at $690/week (unfurnished) until 15 Jan 2027 - Modern kitchen with stainless-steel appliances and stone finishes - Open-plan living leading to a private balcony - 1 x Split-system heating and cooling - Secure building with lift access and intercom Outgoings (approximate): - Owners Corporation fees: $6,800 p.a. - Council rates: $1,098 p.a. - Water rates: $185 per quarter Unbeatable location: - Warringal Shopping Centre – 95 m - Austin & Mercy Hospitals – 800 m - Heidelberg Train Station – 1.4 km - La Trobe University (Bundoora) – 5 km - Ivanhoe Grammar School – 3.9 km - Our Lady of Mercy College – 500 m - Heidelberg Primary School – 350 m - Viewbank College – 3.5 km Please note: The staging furniture displayed in marketing photos is not included in the sale. Inspection: As the property is currently tenanted, private inspections can be arranged upon request after online review of the photos and floorplan.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
98 m² floor area
Apartment

Property history for 301/40 Burgundy Street

2026
Rented
Undisclosed
Leased on 13 Jan 2026 by Gibson Land Real Estate
2024
Rented
Undisclosed
Leased on 13 Aug 2024 by Gemrock Real Estate
2020
Rented
Undisclosed
Leased on 14 Jul 2020 by Gemrock Real Estate

Happy sellers in Heidelberg

92%
92% of sellers in Heidelberg reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 10 reviews in Heidelberg over the last 12 months.

Local market activity for 2 bedroom apartments in Heidelberg

In the last 12 months, 53 two-bedroom apartments similar to 301/40 Burgundy Street, have been sold.

This represents a 20% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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