210/1384 Dandenong RoadHughesdale VIC 3166
Property Details for 210/1384 Dandenong Rd, Hughesdale
210/1384 Dandenong Rd, Hughesdale is a 2 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 2922m2. While the property is not currently for sale or for rent, it was last sold in December 2009.
Last Listing description (July 2022)
**INVESTORS ONLY NOT FOR OWNER OCCUPIERS**
Perfectly positioned near the famous Chadstone Shopping Centre, this apartment is ideal for the astute investor as a set and forget investment. Yielding a high $30,556.92 per annum, this apartment is currently leased to Punthill Apartments.
The existing Lease has yearly CPI reviews, and the tenant pays the administrative body corporate fees.
The apartment's location is moments away from Chadstone Shopping Centre and has direct access onto the Monash Freeway taking you into Melbourne's CBD.
Oakleigh shops, Oakleigh train station only a 15 minute walk away, not to mention the beautiful parklands so close to this investment which is positioned in an excellent location.
This spacious 2 bedroom 2 bathroom apartment enjoys a modern kitchen and all the appliances you would find in a self-contained unit such as a flat screen TV, washing machine and dryer. Guests will also have access to the on-site gym and spa just at their doorstep.
If you're after a high quality tenant with excellent returns, look no further as this opportunity would not last long. Contact Silvana Di Camillo for an inspection today.
Property History for 210/1384 Dandenong Rd, Hughesdale, VIC 3166
- 27 Jan 2022Listed for Sale $470,000-$500,000
- 15 Dec 2009Sold for $480,000
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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 4,036 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.
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