This hidden gem in Springvale offers a perfect blend of modern comfort and convenience, nestled in a quiet rear-corner position, perfectly suitable to family home buyers, astute investors, and downsizers alike.
Recently refreshed with a new coat of paint, the apartment is bright and welcoming, featuring an open-plan living and dining area that's ideal for relaxing or entertaining. Two spacious bedrooms with built-in robes provide ample storage, and the contemporary kitchen is equipped with gas cooking, an electric oven, and generous cabinet and bench space.
The fully renovated bathroom boasts high-quality fittings, a walk-in shower, and an integrated washing machine space, combining functionality with style, complimented by a separate toilet. Comfort is prioritized year-round with new LED lighting throughout, a new reverse cycle air-conditioner and an additional electric panel heater, and new hot water service. The property includes an allocated undercover car space, covered by a new high tech video surveillance system, a large communal garden, and a new Crimsafe security door for added peace of mind. With a 5.5% gross return compared with the average of 4.6% for Springvale 2 bedroom apartments, and affordable Owners Corporation fees, this apartment is perfect for a family home or an proficient investment opportunity.
Perfectly located in a quiet no through street, this apartment is a five-minute walk from the Springvale train station and public transport options, including the train station, and the lively Springvale Central shopping area. With easy access to local parks, schools, and the M1 Freeway, this stylish apartment offers a convenient and balanced lifestyle in one of Springvale's most desirable areas. Don't pay $300,000 more for a new one in the same street.
Advertised at $495 per week, this apartment offers strong rental potential-especially considering the unrenovated Unit 14 was recently leased at $470 per week. This is equivalent to a cash flow positive gross return of 6.5% - 7.3%.
Don't hesitate and book an inspection right away!
