1-15/82 Gardenvale RoadGardenvale VIC 3185
Property Details for 1-15/82 Gardenvale Rd, Gardenvale
1-15/82 Gardenvale Rd, Gardenvale is a 15 bedroom, 15 bathroom Unit with 11 parking spaces. The property has a land size of 1044m2.
Last Listing description (October 2023)
Located in the blue-chip suburb of Gardenvale is this solid brick two storey block of 15 one-bedroom apartments on one title.
Being perfect for the seasoned investor that wants immediate passive income the property also has future scope to explore an array of options for capital growth with exciting possibilities to renovate or enhance (STCA).
The block of apartments sits on a substantial 1,044m2* allotment & the 15 well-proportioned apartments of varying condition comprise a light filled living/meals zone, a neatly presented kitchen, comfortable bedroom with built in robes & an ensuite bathroom & most of the apartments are kept comfortable by split system heating/cooling.
Also featuring communal laundry facilities & the current parking set up has 11 under cover spaces (two garages / nine under a car port) available to the occupants.
Take advantage of a vibrant bayside lifestyle within proximity to transport, locale shops & cafes, elite schools & the beach.
Don't miss this unique opportunity to make your mark & capitalise of this fabulous address!
*Approximate Title Dimensions
Property History for 1-15/82 Gardenvale Rd, Gardenvale, VIC 3185
- 26 Sep 2023Listed for Sale $3,700,000 - $4,000,000
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0About Gardenvale 3185
The size of Gardenvale is approximately 0.3 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of Gardenvale in 2011 was 971 people. By 2016 the population was 1,024 showing a population growth of 5.5% in the area during that time. The predominant age group in Gardenvale is 30-39 years. Households in Gardenvale are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gardenvale work in a professional occupation. In 2011, 48.9% of the homes in Gardenvale were owner-occupied compared with 49.3% in 2016.
Gardenvale has 705 properties. Over the last 5 years, Houses in Gardenvale have seen a 3.73% increase in median value, while Units have seen a -11.89% decrease. As at 31 October 2024:
- The median value for Houses in Gardenvale is $1,886,615 while the median value for Units is $554,316.
- Houses have a median rent of $575 while Units have a median rent of $390.
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