FOR SALE
$300,000 - $320,000

402/394-398 Middleborough Road
Blackburn VIC 3130

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 57m2
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Priced To Sell - All Offers Considered!!

If you're looking for the ideal investment, with a secure tenant for the next 12 months, showing an outstanding return of $1651 per calendar month - than the buck stops here!!
This one-bedroom apartment sits at the top of this boutique complex, and offers the perfect opportunity with capital growth in years to come. Oozing style and convenience, this residence is opposite to Box Hill High School, zoned to Laburnum Primary School, walking distance to Laburnum Train Station as well as Box Hill's vibrant shopping and dining precinct.
Upon entry, the apartment offers a generous hallway with a cleverly designed study nook and built in desk. The sleek open kitchen is fully equipped with an abundance of cupboard space, stone bench tops, separate microwave space, stainless steel appliances including dishwasher, four gas burner stovetop, under bench oven and rangehood. Accessible via glass stackable sliding doors, the balcony is generous in size and allows plenty of room for entertaining.
The bedroom is serviced by a modern and contemporary bathroom with semi frameless shower, vanity and toilet, and a designated adjoining laundry area.
Additional features include, lift access, video intercom, split system and one secure car park space.
This lovely residence is the perfect property for you as a set and forget, so be quick and either add to your existing property portfolio or start here!
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Property Details for 402/394-398 Middleborough Rd, Blackburn

402/394-398 Middleborough Rd, Blackburn is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 57m2. The place is currently for sale with OBrien Real Estate - Blackburn.

Building Type
Apartment
Land Size
57m2

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About Blackburn 3130

The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12% of total area. The population of Blackburn in 2011 was 12,795 people. By 2016 the population was 13,927 showing a population growth of 8.8% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation. In 2011, 76.7% of the homes in Blackburn were owner-occupied compared with 72.3% in 2016.

Blackburn has 8,445 properties. Over the last 5 years, Houses in Blackburn have seen a 19.34% increase in median value, while Units have seen a 17.90% increase. As at 31 August 2024:

  • The median value for Houses in Blackburn is $1,576,463 while the median value for Units is $781,899.
  • Houses have a median rent of $630 while Units have a median rent of $520.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Blackburn on OnTheHouse. According to CoreLogic's data, 311 properties were sold in the past 12 months in Blackburn.

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Anthony Molinaro
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Michael Szitarity
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OBrien Real Estate - Blackburn
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