FOR SALE
$140,000-$145,000

213/1 Delany Avenue
Burwood VIC 3125

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Blue Chip Investment for This Modern Apartment close to Deakin University Burwood

If you are seeking a strong cash-flow performer to add to your investment crown, look no further than this one-bedroom apartment. An investment decision of remarkable acumen, the property's position within a strong capital-growth network guarantees it a high rental yield, while its design requires little upkeep & attention.
Positioned on a quiet street less than 500 metres from Deakin University with Burwood Highway trams, restaurants and cafes just seconds away, this 1-bedroom student apartment is a very astute investment opportunity.
A modern kitchen with microwave, cooktop and refrigerator is accompanied by a meals area, study, attractive and fresh bathroom plus a spacious bedroom and balcony access. Including a secure foyer and intercom as well as a shared laundry and a large common room. It also comes with an undercover car space.
Tram number 75 is located within walking distance of the building, on Burwood Highway, and takes you to local shops in minutes (including the brand-new Burwood Brickworks, Burwood One (24x7 shopping at Kmart and Coles) and Burwood Heights shopping precincts), or Melbourne City centre in approximately thirty minutes.
This property is currently leased for $15,180 per annum from 14/02/2024 - 12/02/2025.
The outgoings for this apartment are as follows:-
1. Body corporate fee approx. $4,441.48 pa including car parking space
2. Water & sewerage rate approx. $748.00 pa
3. Council rate approx. $328.70 pa
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Property Details for 213/1 Delany Ave, Burwood

213/1 Delany Ave, Burwood is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Mega City Real Estate.

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 8,326 properties.

    There are currently 44 properties listed for sale, and 22 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Burwood.

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