111/353 Springvale Rd, Glen Waverley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 3706m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
A superb opportunity for a low risk investment on offer currently generating $21,553 p/a with a guaranteed 4% rental increase each year. This one bedroom apartment in excellent condition is currently leased with Quest. The return on investment is very attractive and would suit investors of all types. Located within walking distance to public transport, major shopping centres and several local amenities, offering in-house gym and conference room. Ideal for a first time investor to get on the property ladder, an option to add to your superannuation fund or just an opportunity to increase your property portfolio.
For more information, contact Tony Ievoli on 0422 869 795.
The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016.
Glen Waverley has 19,558 properties. Over the last 5 years, Houses in Glen Waverley have seen a 25.47% increase in median value, while Units have seen a 12.61% increase. As at 31 October 2024:
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