FOR SALE
Sale ($110,000 - $120,000)

104/1 Delany Avenue
Burwood VIC 3125

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Prime Investment Student Apartment Opportunity

*Investment purchase only*
Current Rental Agreement:
Start date 24/01/2024
End date 15/01/2025
Rental amount $1195.00/per calendar month.
Seize the opportunity to invest in this prime student apartment, strategically located just a short stroll from Deakin University. This studio unit offers a low-maintenance lifestyle and is exclusively available to investors, presenting a compelling option for strong rental returns in a high-demand area.
The apartment is thoughtfully designed to maximize space and functionality. It features a modern kitchenette equipped with essential appliances, an open-plan living area that provides a comfortable space for both study and relaxation, and ample storage to keep the living space uncluttered. The building itself is secure, offering peace of mind with well-maintained common areas.
Positioned in the vibrant heart of Burwood, this property is surrounded by a range of amenities. Residents will appreciate the close proximity to Burwood shops, a variety of cafes, and excellent public transport links, including trams and buses that connect directly to the CBD and surrounding suburbs. The convenience of having everything within easy reach makes this apartment highly attractive to students and young professionals alike.
As an investor, you'll benefit from the property's prime location and consistent rental demand, ensuring a solid addition to your portfolio. Don't miss out on this unique opportunity to secure a property that offers both lifestyle and investment benefits.
Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 104/1 Delany Ave, Burwood

104/1 Delany Ave, Burwood is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Oakleigh.

Building Type
Apartment

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About Burwood 3125

The size of Burwood is approximately 6 square kilometres. It has 28 parks covering nearly 18.5% of total area. The population of Burwood in 2011 was 13,162 people. By 2016 the population was 15,015 showing a population growth of 14.1% in the area during that time. The predominant age group in Burwood is 20-29 years. Households in Burwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood work in a professional occupation. In 2011, 64.2% of the homes in Burwood were owner-occupied compared with 58.5% in 2016.

Burwood has 8,333 properties. Over the last 5 years, Houses in Burwood have seen a 14.78% increase in median value, while Units have seen a 41.97% increase. As at 31 August 2024:

  • The median value for Houses in Burwood is $1,419,017 while the median value for Units is $899,853.
  • Houses have a median rent of $660 while Units have a median rent of $525.
There are currently 40 properties listed for sale, and 15 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 358 properties were sold in the past 12 months in Burwood.

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Leigh Kelepouris
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Leigh Petropoulos
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Ray White Oakleigh
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