4/12 Marine Parade

Abbotsford VIC 3067

Apartment

Currently for sale - view listing

Overview

Light-Filled Abbotsford Apartment with Parking Ideal Investment

Phone Enquiry ID: 237065 Easy Living in a Convenient Abbotsford Location Positioned on the first (top) floor of a low-rise complex, this one-bedroom apartment offers a practical layout, off-street parking and easy access to everything Abbotsford and its surrounding neighbourhoods have to offer. Well suited to investors or buyers looking for an affordable inner-city home, the apartment is currently tenanted, generating $440 per week in rental income. Property features One bedroom with built-in robes Light-filled living area Functional kitchen with ample cabinetry Reverse-cycle split-system heating and cooling Recently installed electric hot water system Upgraded electrical switchboard One off-street car space First-floor position with no apartment above Location and lifestyle Enjoy convenient access to the Yarra River, nearby parklands, public transport, local cafés and the shopping and dining options of Victoria Street. Melbourne's CBD is also within easy reach. Investment Opportunity Currently leased at $420 per week, with the fixed-term tenancy running until February 2027, this property offers an opportunity for investors seeking existing rental income. Rental income: $420 per week ($21,840 annually) Strata / Owners Corporation fees: Approximately $1,700 annually Council rates: $870.95 annually Internal floor area: Estimated 40 m² (subject to confirmation) The Section 32 and Plan of Subdivision are currently being organised, with further property details to be provided once available. Private sale enquiries and inspections welcome by arrangement.