FOR SALE
$138,000 - $140,000

35/5 Archibald Street
Box Hill VIC 3128

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Inspection Times
Sat 15 Mar
10:00 am - 10:30 am
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Blue Chip Investment - One bedroom Apartment close to Box Hill Centre

If you are seeking a strong cash-flow performer to add to your investment crown, look no further than this one-bedroom apartment. Built in 2009 and nestled within vibrant Box Hill, this 1 bedroom studio recently renovated apartment is a perfect entry into property investment or owner-occupier. The contemporary complex features secure entry and intercom, plus a communal laundry and lounge area.
It comprises an open-plan living/dining zone that is open onto a private balcony. Features a bedroom with ensuite, built-in study desk and reverse cycle split system, adjacent to the kitchen. A spacious modern bathroom boasts a stone-topped vanity, whilst the kitchen features a stainless steel gas cooktop, complete with a fridge and microwave oven.
The nearby convenience is outstanding: walking distance to Box Hill TAFE, Gardens, hospital, trams, buses and train station, plus Box Hill Central. With the increasing number of students seeking accommodation in a position like this, this apartment could be an ideal investment.
The property is currently leased for $330 per week.
Apartment size: 31 sqm (approx.)
The outgoings for this apartment are as follows:
* Body Corporate Fees: $550 per quarter (approx.)
* Council Rates: $383.4 per annum(approx.)
* Water rates: $193 per quarter (approx.)
What this apartment has to offer:
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Property Details for 35/5 Archibald St, Box Hill

35/5 Archibald St, Box Hill is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with MEGA CITY REAL ESTATE PTY LTD.

Building Type
Apartment

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Local Area Liveability Score

9.1

This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:

  1. Walking time to a local facility
  2. Number of facilities within a 20-minute walk

The overall Liveability Score is made up of smaller sub-scores, as described below.

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Walkability
10/10
Schools
10/10
Parklands
10/10
Health
10/10
Shopping
10/10
Public Transport
10/10

About Box Hill 3128

The size of Box Hill is approximately 3.5 square kilometres. It has 18 parks covering nearly 14.2% of total area. The population of Box Hill in 2011 was 9,671 people. By 2016 the population was 11,416 showing a population growth of 18.0% in the area during that time. The predominant age group in Box Hill is 20-29 years. Households in Box Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill work in a professional occupation. In 2011, 46.5% of the homes in Box Hill were owner-occupied compared with 39.4% in 2016.

Box Hill has 11,632 properties.

    There are currently 155 properties listed for sale, and 31 properties listed for rent in Box hill on OnTheHouse. According to CoreLogic's data, 475 properties were sold in the past 12 months in Box hill.

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    Kenny Lau
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    Rick Lin
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    MEGA CITY REAL ESTATE PTY LTD
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