FOR SALE
$350,000

117/1384 Dandenong Road
Hughesdale VIC 3166

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Smart, Stylish, and Serviced One-Bedroom Apartment – A Prime Investment Opportunity

Discover the perfect investment with this affordable and stress-free one-bedroom apartment, offering a remarkable 7% yield Approx. Situated in the prestigious Punthill Oakleigh, part of the renowned Punthill Apartment Hotels portfolio, this property boasts an unbeatable location just minutes from Chadstone Shopping Centre and Monash University Caulfield Campus. Only 12 kilometres from Melbourne's CBD, it provides easy access to the Monash Freeway.
This fully self-contained apartment features a modern stone-benched kitchen equipped with a full suite of Whirlpool appliances, a generous living/dining area with reverse cycle air-conditioning, a spacious bedroom with mirrored built-in robes, a beautifully tiled bathroom with a frameless shower, and Euro-style laundry facilities. Enjoy the sunny, north-facing balcony, perfect for relaxation.
Offered on a lease-back arrangement with Punthill Apartment Hotels, this property includes a long term lease, access to a car space, and a 7:00am - 7:00pm concierge service. Investors will appreciate the secure investment with a rental guarantee, no letting fees, no vacancy periods, no advertising costs, and no maintenance obligations.
This apartment is a must-consider for those seeking a reliable and lucrative investment.
Disclaimer:
MESSAGE TO BUYERS –
ALL properties are advertised at GENUINE PRICES. Please understand that there is often more than one buyer interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS, VIA A SEALED BID.
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Property Details for 117/1384 Dandenong Rd, Hughesdale

117/1384 Dandenong Rd, Hughesdale is a 1 bedroom, 1 bathroom ServicedApartment with 1 parking spaces. The place is currently for sale with Lewis Realty Pty Ltd - COBURG.

Building Type
ServicedApartment

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About Hughesdale 3166

The size of Hughesdale is approximately 2 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Hughesdale in 2011 was 7,054 people. By 2016 the population was 7,550 showing a population growth of 7.0% in the area during that time. The predominant age group in Hughesdale is 20-29 years. Households in Hughesdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hughesdale work in a professional occupation. In 2011, 63.1% of the homes in Hughesdale were owner-occupied compared with 61.1% in 2016.

Hughesdale has 4,038 properties. Over the last 5 years, Houses in Hughesdale have seen a 18.42% increase in median value, while Units have seen a 9.97% increase. As at 31 October 2024:

  • The median value for Houses in Hughesdale is $1,484,458 while the median value for Units is $692,699.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Hughesdale on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Hughesdale.

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