46 Fox St, St Albans is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 797m2 and floor size of 375m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Statement of information is located at https://s3-ap-southeast-2.amazonaws.com/zenu/LISTING_IMAGES/192-1376934/3664091a48e348588ef72f9000be66c0.pdf . Please copy & paste this information into your browser address bar.
Situated in a lovely quiet side street within easy walk to St Albans shops including Supa IGA, St Albans train station, Victoria University & Keilor Central, including Coles, Kmart, Aldi & Anytime Fitness.
Unique opportunity to get into a residential turnkey investment providing ultra high-yield cash flow from this to be purpose-built NewGen Abode.
Features:
- 9 studios each with own ensuite
- Common kitchen and laundry
- All rooms furnished
Set-and-forget investment with a projected impressive positive cash flow, this to-be-built purpose-designed development is managed by an experienced and well respected NewGen Abode property manager.
Each Studio provides private, independent living with separate courtyard, with the added benefit of community areas and a focus on quality living, community, lifestyle and well-being.
PROFESSIONAL CLEANING / GARDENING
NewGen Abodes community areas are regularly cleaned, grounds maintained and bins put in and out so you can just rest assured that your investment together with your tenants are well looked after.
COMMUNITY LAUNDRY AND KITCHEN
Residents have the opportunity to take advantage of the large community kitchen and relaxation area that will be set up to cater for the inner chef, or the tenants can use their own studio semi-kitchenette with dedicated meal preparation area including fridge. A washing machine is also provided for the use of all residents.
QUALITY MANAGEMENT WITH CCTV
Each NewGen Abode facility will have a dedicated manager, to assist residents when required and to ensure community areas are maintained to preserve the quality of the environment and lifestyle for all.
A CCTV security system is installed for safety and security of all residents in the grounds and common areas, as the owner you will have access to live footage so you can keep an eye on your property wherever you are in the world.
This is a unique opportunity to secure your investment future with a strong positive cash flow in a low interest rate environment.
Call now for further details before it's sold.
The size of St Albans is approximately 13 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2011 was 35,091 people. By 2016 the population was 37,325 showing a population growth of 6.4% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation. In 2011, 64.6% of the homes in St Albans were owner-occupied compared with 60.5% in 2016.
St Albans has 17,047 properties. Over the last 5 years, Houses in St Albans have seen a 11.92% increase in median value, while Units have seen a 17.50% increase. As at 31 October 2024:
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