29a Genoa St, Moorabbin is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 269m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Exclusive to wholesale these brand new apartments will provide a great return today with considerable capital growth opportunity. And they are complete so there is no uncertainty, no waiting...
A suburb that is rapidly changing ? Billions $ investment happening now
The bayside suburb to invest in: Moorabbin is designated as a Victorian Government Activity Centre and is really moving ahead. Look no further than the Moris Moor entertainment precinct which is attracting visitors from all over Melbourne. The Government and private sector are pumping billions of dollars into Moorabbin.
At Genoa Moorabbin your buyers can enjoy a real 5% rental return today and considerable capital growth opportunity.
?? All apartments include carparks
?? Amazingly low strata/OC fees
?? Timber floors
??? Includes ample storage
?? Fisher & Paykel appliances
?? Generous floorplans
?? Desigber black tapware
?? Stone benchtops
?? Reverse cycle heating & cooling
?? Built in wardrobes
The size of Moorabbin is approximately 4.6 square kilometres. It has 5 parks covering nearly 4.2% of total area. The population of Moorabbin in 2011 was 5,282 people. By 2016 the population was 5,897 showing a population growth of 11.6% in the area during that time. The predominant age group in Moorabbin is 30-39 years. Households in Moorabbin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorabbin work in a professional occupation. In 2011, 74.3% of the homes in Moorabbin were owner-occupied compared with 68.8% in 2016.
Moorabbin has 5,527 properties. Over the last 5 years, Houses in Moorabbin have seen a 16.42% increase in median value, while Units have seen a 13.57% increase. As at 31 October 2024:
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