48/137 Mountain Hwy, Wantirna is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 12476m2. While the property is not currently for sale or for rent, it was last sold in October 2013.
**INVESTORS ONLY NOT FOR OWNER OCCUPIERS**
This is your chance to secure this rare, high yielding investment, currently returning approximately $12,546.60 per annum
Securely leased to Quality Inn & Suites Knox, this studio apartment is fully furnished with modern appliances such as a flat screen TV, washing machine and dryer.
The Eastlink freeway is just moments away which will take you right into the city in just 30 minutes. At your doorstep, you will find Goodlife Health. Knoxfield Private Hospital and Westfield Knox Shopping Centre are also conveniently located just down the road.
Perfectly positioned in Wantirna, the Dandenongs, Yarra Valley and the Mornington Peninsula are all just within a 45 minute drive.
If you're after a high yielding investment, a quality tenant and very little involvement, this is the one for you!
The size of Wantirna is approximately 8.3 square kilometres. It has 53 parks covering nearly 16.7% of total area. The population of Wantirna in 2011 was 13,766 people. By 2016 the population was 13,800 showing a population growth of 0.2% in the area during that time. The predominant age group in Wantirna is 60-69 years. Households in Wantirna are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wantirna work in a professional occupation. In 2011, 78.8% of the homes in Wantirna were owner-occupied compared with 76.4% in 2016.
Wantirna has 6,257 properties. Over the last 5 years, Houses in Wantirna have seen a 23.87% increase in median value, while Units have seen a 11.91% increase. As at 31 October 2024:
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