114/484 Elgar Rd, Box Hill is a 1 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 595m2 and floor size of 19m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Box Hill in the last 12 months.
If you are seeking a strong cash-flow performer to add to your investment crown, look no further than this one-bedroom apartment.
This white, bright interior and one-bedroom configuration will be impressed by these highly convenient positions just metres from Box Hill TAFE, the world-class hospital precinct and buses straight to Deakin University. Boasting a sun-splashed backyard, appreciate the expertly designed living/dining, a sparkling bathroom and a stone kitchen with a glass splash back.
A dream lifestyle for your tenants, it's an easy walk to Box Hill Central's mouth-watering eateries, the city-bound train, the 109 tram to Balwyn and Kew, and the bus to Westfield Doncaster.
Lease: 17/06/2024 - 16/06/2025
Rent: $1,300 per month
Gross Rental Return: 13.5% (approx.)
Body Corporate Fee: $2,485 per annum (approx.)
Council Rates: $328.7 per annum (approx.)
What this apartment has to offer:
- Stylist stone kitchen
- Secure entrance
- Public lounge
- Huge backyard
- Gas Cooktop
- Fully Furnished (Fridge, Dishwasher, Microwave Oven, TV, single Bed, Study Desk).
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 11,469 properties. Over the last 5 years, Houses in Box Hill have seen a 5.92% increase in median value, while Units have seen a -4.45% decrease. As at 31 October 2024:
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