43 & 44/7 Feehan Avenue

Moonee Ponds VIC 3039

Apartment

Currently for sale - view listing

Overview

QUEST MOONEE VALLEY – Secure Commercial Investments

PAGAN REAL ESTATE are proud to present two unique long term investment opportunities within the well-established Quest Moonee Valley complex. Buy 1 or turbo change your investment strategy & buy both. Strictly, only for the Investor, both of these properties are currently under a NEW 5 YEAR Lease commencing on 05 March 2026. PAGAN REAL ESTATE are selling 2 lots at the complex, lot 43 the reception area & lot 44 the 1st floor conference room. The existing tenant, QUEST Moonee Valley has been in occupation for over the past 20 years & with another eight (8), further 5 year options. The complex presents in excellent condition & features outdoor swimming pool. No vacancy periods, no letting fees and no advertising for any new tenant. No Rental management fees, just straight income to your nominated account. The numbers are big when compared to other local rentals, $30,000 per annum, $2,500 per month per property. The vendors preference is to sell lot 44, which is priced to sell. Currently used as the complex, 1st floor conference room. With secure car space on title. A major advantage of both of these investment properties is the significantly reduced refurbishment and replacement obligations when compared with the residential apartments within the building. Superb location with Puckle st shops with walking distance, public transport, pubs and soon to be updated Moonee Valley Race Track across the road. This is a genuinely unique opportunity to secure a specialised investment within a long-established Quest complex, offering investors a straightforward income stream within a well-maintained and professionally operated building. No vacancy periods & no letting fees. Ideal for your own Superannuation fund. Note: Lot 43 can also be purchased, currently used at the complex Reception & Quest office space. With secure car space on title. Price $440,000

Features

1 bedroom

1 bathroom

1 carspace

1 open car space

Apartment

Happy sellers in Moonee Ponds

70%

70% of sellers in Moonee Ponds reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 37 reviews in Moonee Ponds over the last 12 months.

Local market activity for 1 bedroom apartments in Moonee Ponds

In the last 12 months, 56 one-bedroom apartments similar to 43 & 44/7 Feehan Avenue, have been sold.

This represents a 23% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

at Pagan Real Estate