OFF MARKET

51/137 Mountain Highway
Wantirna VIC 3152

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 12500m2
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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.

Building Type
Unit
Year Built
1980
Land Size
12500m2
Local Government
Knox
Lot/Plan
51/PS432634

Last Listing description (October 2023)

**INVESTORS ONLY NOT FOR OWNER OCCUPIERS**

Property Type: 1 Bedroom Apartment
Rental Income: $13,468.80 per annum

Outgoings: OC Fees - $2,307.00 (All other outgoings payable by the tenant)
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

A timeline of how this property has performed in the market
Last Sold
$182,350
18 Sep 2002
  • 06 Apr 2020
    Listed for Sale $190,000
  • 15 Jun 2015
    Listed for Sale FIXED! BE QUICK WON'T LAST LONG $205,000
  • 18 Sep 2002
    Sold for $182,350

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About 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 6,226 properties.

    There are currently 38 properties listed for sale, and 7 properties listed for rent in Wantirna on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Wantirna.

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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.