18 Magnolia RoadJunction Village VIC 3977
Property Details for 18 Magnolia Rd, Junction Village
18 Magnolia Rd, Junction Village is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 411m2.
Last Listing description (August 2024)
Investors, seize the chance to own this brand-new 3-bedroom co-living house in the highly sought-after Greenwood Estate, Junction Village. With each bedroom boasting its own ensuite, this specious house offers the perfect setup for multiple tenants, maximizing rental returns compared to traditional house renting.
Strategically positioned in close proximity to Royal Botanical Gardens Cranbourne and short drive to key amenities such as Botanic Ridge Village Shopping Centre, Cranbourne Park Shopping Centre, Cranbourne train station and schools, as well as an array of dining and entertainment options, this property ensures convenience and appeal for potential tenants.
INCLUSIONS:
Clothesline wall mounted with concrete pad and Letterbox
Coloured concrete to Driveway, Porch and Outdoor Living Area
Boundary Fencing & Landscaping to front and rear yards
Flyscreens and window locks to all operable windows
LED Downlights to Living areas, Oyster Light Fittings to other rooms
900mm stainless steel kitchen appliances including dishwasher
20mm Caesarstone benchtops throughout
Quality floor coverings throughout
Split system to family room & bedroom 1
Roller blinds (single) to windows and sliding doors (excludes bathrooms, ensuite & toilet)
ADDITIONAL INCLUSIONS/VARIATIONS:
Keyed lock sets to all bedrooms
Split system to all bedrooms
Delete Ducted Heating
Sliding external door to all bedrooms and MPR
3 x lockable pantries
3 x lockable storage cupboards to garage
Secure this property today - Contact Matt (0410 692 304) to make this lucrative investment yours.
Price and information are subject to change without notice. Base price includes standard brick faade. House is to be constructed. Images are for illustration purposes only. Indicated weekly rent return is approximate only for a fully occupied & furnished similar Co-Living house, based on current market rents. Contact the consultant for details.
*POS Lot: 802
Property Code: 6079
Property History for 18 Magnolia Rd, Junction Village, VIC 3977
- 04 Jul 2024Listed for Sale $771,039 - Rental Return $800 P/W
- 30 Jul 2023Listed for Sale Not Disclosed
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0About Junction Village 3977
The size of Junction Village is approximately 1.4 square kilometres. It has 5 parks covering nearly 5.3% of total area. The population of Junction Village in 2011 was 1,158 people. By 2016 the population was 1,025 showing a population decline of 11.5% in the area during that time. The predominant age group in Junction Village is 80-89 years. Households in Junction Village are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Junction Village work in a trades occupation. In 2011, 83.2% of the homes in Junction Village were owner-occupied compared with 85.2% in 2016.
Junction Village has 1,281 properties. Over the last 5 years, Houses in Junction Village have seen a 35.64% increase in median value, while Units have seen a 29.24% increase. As at 31 August 2024:
- The median value for Houses in Junction Village is $814,313 while the median value for Units is $449,329.
- Houses have a median rent of $580.
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