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8/1A Gilbertson Street

Essendon VIC 3040

1
1
1
Unit
Currently for sale - view listing

Overview

Renovated Apartment in a Prime Essendon Location

Ideally positioned just moments from Keilor Road, this beautifully renovated one-bedroom apartment presents an outstanding opportunity for investors seeking a low-maintenance property with a secure rental return. Set within a boutique complex of only eight apartments, the property is currently leased at $425 per week, providing immediate rental income from day one. The generous north-facing living area is filled with natural light and features timber flooring, while the adjoining renovated kitchen offers plenty of storage and bench space, a tiled splashback and modern finishes. The spacious bedroom includes built in robes and excellent natural light, complemented by a stylishly updated bathroom with a walk in shower, under-sink storage and provision for a washing machine. Further features include a private sun-drenched balcony, split system heating and cooling to both the living area and bedroom, plus a car space on title. Features include: - North-facing living area - One spacious bedroom with built in robes - Split system heating and cooling in living area and bedroom - Balcony - Titled car space - Current Tenancy in place paying $425 per week rent With Keilor Road's shopping, cafes, restaurants and everyday amenities all close by, the location also offers excellent access to public transport, including trams and buses, providing easy connectivity to surrounding suburbs and the CBD. With a strong existing rental return, quality renovations and a highly convenient location, this is an opportunity for investors to secure a ready-made addition to their portfolio without the need for immediate works or a leasing campaign. Please note: This property is being advertised using some images that have been virtually enhanced for illustrative purposes only - to give an understanding of size and style. From all of us at P Di Natale Real Estate, we wish you every success in your search for your new home. If you would like more detail on this property or to discuss one of the other properties we have available, please do not hesitate to call or email us.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Unit

Property history for 8/1A Gilbertson Street

2024
Sold
$325,000
24 Jun 2024 by Ryan Pagan, of Pagan Real Estate

Happy sellers in Essendon

85%
85% of sellers in Essendon reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 61 reviews in Essendon over the last 12 months.

Local market activity for 1 bedroom units in Essendon

In the last 12 months, 15 one-bedroom units similar to 8/1A Gilbertson Street, have been sold.

This represents a 16% decrease in one-bedroom units sales when compared to the previous 12 months.

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