OFF MARKET

40 Leonard Street
Parkville VIC 3052

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 40 Leonard St, Parkville

40 Leonard St, Parkville is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (April 2023)

To enquire, please email or call 1300 815 051 and enter code 6888

Spacious, Quiet and Airy Oasis in Prestigious Parkville Location

40 Leonard Street, Parkville
Close to all amenities and surrounded by Parkland

Designed for peace and privacy and situated for convenience, this secluded, one-bedroom, first floor apartment has Princes and Royal parks at either end of a wide and quiet street.

Get around stress-free as the CBD is less than 3 kilometres away. Within easy walking distance of Melbourne's expansive "knowledge precinct" of the university, major teaching hospitals and research institutes. The vibrant hubs of Lygon Street and Sydney Road are just a stone's throw away.

This delightful oversized one-bedroom apartment in Parkville, is on the first floor of a tightly held block of just six apartments. First time on the market in 36 years. Snug, spacious and solid, this property is close to all the action while surrounded by parkland.

In a nutshell, this home is light-filled, private, and peaceful with a generous private balcony that looks out to the pleasant streetscape and green spaces. Well-built, double brick construction ensures both enhanced insulation and soundproof benefits. The mid-century, architect-designed space boasts practical built-in storage in every space. The sound construction of an established older style ensures a rate of capital return higher than new builds.

Transport is no issue, either. Trams stop at the end of the street for a short ride into the city. Currently, there is ready access to all freeway links and Tullamarine Airport with a new underground train station to the airport opening soon.

The apartment is spacious with high ceilings. It has a separate entry hall with built in storage, a generous lounge/dining area, and a separate eat-in kitchen with a friendly servery into the main room. It also has a bathroom with full size bath and washing machine space with plumbed fittings.

It offers a completely private over-size double bedroom with a built in robe with drawers. The upstairs location is secured with grills and a security door. Not just that, but the property features a ground floor brick storage room for bikes and sports gear.

Enjoy balcony views of parkland towards both the East and West as you relax with your morning coffee or sunset barbeque.

This property has an expected rental price of $390+ weekly. As you can see, this property is a gorgeous investment perfect for easy living in an exceptionally convenient, premium suburb.

View for yourself this opportunity to walk, ride and breath in restful ease less than 3 kilometres from the CBD.
See open for inspection times or send inquiry to book private inspection at your convenience
Features:
Mid- Century Double Brick Construction
One of only 6 Apartments with very low fees and well managed Owners' Corporation
Corner apartment with only one adjoining wall to neighbouring apartment
Spacious with high ceilings
Parkland outlook and Pleasant green outlook in all directions
Secure Upstairs Location with Security Door and Grills
Set amidst extensive parkland, running and bike tracks.
Walking distance to multiple sport venues for Football Soccer Netball and Hockey and public Golf Course
Additional lockable Brick Storage Room for bikes and sport gear on ground floor
Balcony with space for table, chairs and barbecue
Bathroom with full bath and Washing Machine Space with plumbed fittings
Generous Built-In Wardrobes and cupboards
Study/workstation space options in either living area or bedroom
Electric Stove and Hotwater
Several Options for State and Private Schools including zone entry to Selective University High School
Child care Centres less than 2 kilometers away
High Demand as a Rental property that attracts reliable University and Health Care staff
Attractive Air BNB for access to Royal Melbourne, Peter Mac and Children's and Women's Hospitals, City Centre and Melbourne and RMIT Universities
Delightful easy lifestyle for Owner Occupier
Secure to lock and leave readily as part-time Melbourne base
Designated Off Street Car space with title
3-minute walk to tram stop


To enquire, please email or call 1300 815 051 and enter code 6888

Property History for 40 Leonard St, Parkville, VIC 3052

A timeline of how this property has performed in the market
Listed for Rent
$346/w
06 May 2017
  • 19 Sep 2022
    Listed for Sale $585,000

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About Parkville 3052

The size of Parkville is approximately 4.1 square kilometres. It has 23 parks covering nearly 51.1% of total area. The population of Parkville in 2011 was 6,192 people. By 2016 the population was 7,417 showing a population growth of 19.8% in the area during that time. The predominant age group in Parkville is 20-29 years. Households in Parkville are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Parkville work in a professional occupation. In 2011, 39% of the homes in Parkville were owner-occupied compared with 31.6% in 2016.

Parkville has 4,026 properties. Over the last 5 years, Houses in Parkville have seen a -18.72% decrease in median value, while Units have seen a -1.60% decrease. As at 31 October 2024:

  • The median value for Houses in Parkville is $1,821,712 while the median value for Units is $578,801.
  • Houses have a median rent of $750 while Units have a median rent of $525.
There are currently 7 properties listed for sale, and 12 properties listed for rent in Parkville on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Parkville.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.