Back 42 Albert Crescent
Off Market

42 Albert Crescent

St Albans VIC 3021

8
8
4
460 m²
House
Scott BanksScott Banks, last sold this property on 30 June 2025 after 217 days on market.

Overview

luxara.living: Unique Premier Investment Opportunity in Rockstar Location

Industry-leading luxara.living Managed Investment Opportunity at 42 Albert Crescent, St Albans Discover an exceptional investment opportunity with luxara.living, a premier multiple-income property (MIP) designed for modern, high-yield investing. You may have seen the rest, but now check out the best! This newly constructed, purpose-built property is comprised of 8 luxurious, self-contained 1-bedroom suites, each with its own kitchen, bathroom and living area, offering tenants the ultimate in privacy, comfort and luxury in a AAA location. Key Property Features: 8 Individual Suites: Each suite features a living room with a kitchen and a separate bedroom with a private, fully tiled ensuite, creating a self-contained living experience for every tenant. Communal Amenities: A thoughtfully designed communal kitchen invites tenants to connect and unwind, enhancing the community feel while ensuring privacy remains paramount. Premium Finishes: Meticulously crafted with top-quality construction materials and finishes, every detail reflects luxara.living's commitment to offering tenants a first-class experience of excellence. Secure Parking: Two designated car parks offer convenience and peace of mind. Projected Rental Return: *Under Luxara Living's expert management, rental income is estimated to reach approximately $180,000 per annum, maximising returns through our proven approach to tenant satisfaction and occupancy optimization, which is equated to around 10% per annum, or $180,000, positioning this as a unique high-return quality investment. Completion Timeline: Anticipated completion before Christmas, with early New Year settlementideal for investors looking to start 2025 with a robust income-generating asset. Why choose luxura.living? luxara.living properties are renowned for delivering luxurious, stable, and high-yield investment returns in Melbourne's thriving suburbs. Our commitment to meticulous property management, innovative tenant engagement, and premium-quality design ensures a seamless and rewarding experience for both investors and residents. What's on offer here is: Mitsubishi air-conditioner in each suite Self-contained kitchens and bathroom Floor-to-ceiling tiles in all bathrooms All floors are tiled for water protection Switchboard to each room Semi-solid doors to each main entry Construction of brick all the way up, including second-level Solar hot water Washer and dryer provision for coin-operated in communal kitchen area with external vent provisions. Study nooks Double glazed Electronic entry door Cat six cables to each room Showers plumbed from the roof Stone top throughout All internal walls have been soundproofed, insulated The St Albans area offers convenient access to public transport, shops, and amenities, appealing to a comprehensive professional tenant demographic while ensuring sustained rental demand. This unique, multiple-income property model is ideal for investors seeking dependable cash flow, premium construction, and a low-maintenance asset. Don't miss this rare opportunity to add a luxara.living managed asset to your portfolio. Contact us today to secure your investment in this high-demand location before the end of the year! If you'd like a copy of our Rental Demand Report on St Albans, send an enquiry, and we'll be sure to forward it to you. It's fascinating reading! You can make an offer 24/7 by copying and pasting this link: https://www.realestatebestoffer.com.au/make-an-offer-42albertcrescentstalbans *Disclaimer: The projected rental return is an estimate based on current market conditions and assumptions about occupancy and rental rates under Luxara Living's management. This projection is provided as a guide only and does not constitute a guarantee of actual performance. Individual circumstances, market fluctuations, and property-specific factors may impact the actual rental income. Prospective investors are encouraged to seek independent advice and conduct their own due diligence.

Features

8 bedrooms
8 bathrooms
4 carspaces
460 m² lot size
House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in St Albans over the last 12 months.

Property history for 42 Albert Crescent

2025
Sold
Undisclosed
Private Sale/Treaty on 30 Jun 2025 by Scott Banks, of Scott Banks Real Estate Group
2021
Sold
$750,000
Private Sale/Treaty on 28 Oct 2021 by Lindsay Chan, of Ray White West Realty - St Albans
2018
Rented
Undisclosed
Leased on 07 May 2018 by Ray White West Realty - St Albans

Happy sellers in St Albans

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

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

This is based on voluntary sentiment collected from 91 reviews in St Albans over the last 12 months.

Local market activity for 8 bedroom houses in St Albans

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