Back 307/1 Wellington Road
Off Market

307/1 Wellington Road

Box Hill VIC 3128

1
Apartment
Isaac FakhriIsaac Fakhri, last sold this property on 08 April 2026 after 7 days on market.

Overview

Affordable Entry-Level Investment in Prime Box Hill Location - 12.4% NET yield (approx).

Positioned within walking distance to the heart of Box Hill, 307/1 Wellington Road presents an outstanding opportunity for investors seeking strong returns at an exceptionally low entry point., This compact 1-bedroom, 1-bathroom studio apartment offers a functional layout, including a separate bedroom zone, meals area, kitchen, bathroom, and a small private patio. The property is well suited to tenants seeking low-maintenance living in a highly convenient location. Offered at $120,000, this is an extremely affordable investment with an estimated rental return of approximately $350 per week, representing strong yield potential. The apartment does require some cosmetic improvement, including re-plastering due to wall damage, making it an ideal opportunity to add value with a simple renovation and further enhance rental appeal. Outgoings (approx.): Body Corporate: $2,517 per annum (includes gas usage) Council Rates: $433.70 per annum Water Rates: $339.67 per annum Key Details: 1 bedroom, 1 bathroom studio Functional floorplan with separate zones Private patio area Settlement preferred: 3045 days Exceptional value buying This is a highly affordable investment opportunity with scope to improve and capitalise on future growth in a blue-chip location. Disclaimer: All information provided, including rental estimates, outgoings, and property details, are approximate only and cannot be guaranteed. Prospective purchasers should make their own enquiries and rely on their own due diligence.

Features

1 bathroom
Apartment

Estimated Value

We need at least 3 similar apartments sold in Box Hill over the last 12 months.

Property history for 307/1 Wellington Road

2026
Sold
Undisclosed
Private Sale/Treaty on 08 Apr 2026 by Isaac Fakhri, of Bill Schlink First National
2025
Sold
Undisclosed
Private Sale/Treaty on 19 Mar 2025 by Isaac Fakhri, of Bill Schlink First National
2022
Rented
Undisclosed
Leased on 20 Jun 2022 by Ross-Hunt Real Estate

Happy sellers in Box Hill

66%
66% of sellers in Box Hill reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 75 reviews in Box Hill over the last 12 months.

Local market activity for apartments in Box Hill

In the last 12 months, 1 apartment similar to 307/1 Wellington Road, have been sold.

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