51/137 Mountain HighwayWantirna VIC 3152
Property Details for 51/137 Mountain Hwy, Wantirna
51/137 Mountain Hwy, Wantirna is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 12500m2. While the property is not currently for sale or for rent, it was last sold in September 2002.
Last Listing description (October 2023)
**INVESTORS ONLY NOT FOR OWNER OCCUPIERS**
Property Type: 1 Bedroom Apartment
Rental Income: $13,468.80 per annum
Target Yield: Over 6%
Tenant: Quality Inn Knox
Lease: Secure lease in place until 2026, with further options of 2 x 5 years
About the Property:
Discover an exceptional investment opportunity with this 1-bedroom apartment located at Unit 51/137 Mountain Hwy, Wantirna. Tenanted by Quality Inn Knox, a trusted operator renowned for its impeccable service, this property offers a secure rental income of $13,468.80 per annum.
Prime Location, Secure Investment:
Positioned in the thriving suburb of Wantirna, this apartment combines convenience, returns, and long-term potential. With a target yield exceeding 6%, this property presents an attractive addition to any investment portfolio.
Why Invest:
Proven Tenant: Quality Inn Knox guarantees stable rental income.
Strategic Yield: Achieve over 6% target yield.
Long-Term Potential: Lease in place until 2026, with options for future growth.
Desirable Location: Wantirna's ongoing development enhances investment appeal.
Future-Forward Wantirna:
Wantirna's strategic development projects and infrastructure improvements are set to enhance its desirability, ensuring a promising investment landscape for years to come.
Act Now:
This investment is the result of meticulous selection and analysis. Don't miss your chance to secure a high-yield property in a prime location. Contact us for financial projections, private viewings, and to seize this exclusive opportunity.
Your investment success story starts here. Enquire today!
Property History for 51/137 Mountain Hwy, Wantirna, VIC 3152
- 06 Apr 2020Listed for Sale $190,000
- 15 Jun 2015Listed for Sale FIXED! BE QUICK WON'T LAST LONG $205,000
- 18 Sep 2002Sold for $182,350
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0About Wantirna 3152
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 6,258 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:
- The median value for Houses in Wantirna is $1,124,019 while the median value for Units is $717,080.
- Houses have a median rent of $650 while Units have a median rent of $550.
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