4/489A Mahoneys Road

Fawkner VIC 3060

1716 m²

Unit

Last sold for $300,000

Robert Ozzimo, last sold this property on 09 May 2024 after -145 days on market.

Overview

Invest in your future, a rare opportunity!

Elevate your real estate portfolio to new heights with an unparalleled investment opportunity. This well-designed block comprises of 12 units, each tailored for contemporary living. From chic studios to spacious multi-bedroom apartments, this diverse range ensures a broad tenant appeal, enhancing your potential for consistent rental income. Nestled in the heart of Fawkner, this block of units boasts a strategic location. Surrounded by transport hubs, local shops, Restaurants, Cafes, schooling and major roads such as Ring Rd and Sydney Rd. Unit descriptions: 1/489A | 2 bedroom 1 Bath 1 car space Rent Monthly: $1521 Lease : Month to month 2/489A | 2 bedroom 1 bath 1 car space Rent Monthly: $1564 Lease End :27/12/2023 3/489A | 2 bedroom 1 bath 1 car space Rent Monthly: $826.00 Lease : Month to month 4/489A | 2 bedroom 1 bath 1 car space Rent Monthly: $1,564.00 Lease End 26/10/2024 5/489A | 1 bedroom 1 bath 1 car space Rent Monthly: $1347 Lease : Month to month 6/489A | 3 bedroom this apartment has had a facelift at the expense of the renter hence the cheaper rent. 1 bath 2 car spaces Rent Monthly: $1,564.00 Lease End : 31/08/23 7/489A | 2 bedroom 1 bath 1 car space Rent Monthly: $1,564.00 Lease : Month to month 8/489A | 3 bedroom 2 bathroom 2 car spaces Rent Monthly: $1,564.00 Lease : Month to month 9/489A | 1 bedroom 1 bath 1 car space Rent Monthly: $ $1,260.00 to increase $1,347.00 in January 2024 Lease End : 07/01/2024 10/489A | 1 bedroom 1 bath 1 car spaces Rent Monthly: $1,456.00 Lease End: 02/02/2024 11/489A | 1 bedroom 1 bath 2 car spaces Rent Monthly: $ 1,347.00 Lease : Month to month 12/489A | 3 bedroom 1 bath 2 car spaces Rent Monthly: $1,695.00 Lease : Month to month PHOTO ID REQUIRED Due diligence checklist - consumer.vic.gov.au/duediligencechecklist Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy Material Facts - please refer to the contract of sale and vendor statement for any/all material facts. Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

1716 m² lot size

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Fawkner over the last 12 months, the estimated median property value of 4/489A Mahoneys Road is $545k.

Median value

$545k

Estimated value range

$371k - $740k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Fawkner. 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.