Buy one or 5 or take the whole half dozen, this is the most astute and adaptable lifestyle or investment opportunity in the Monash University precinct. Multiply rewards with multiple options and the possibility of multi-storey development. Cornering Huntingdale Rd and Dandenong Rd, this exciting complex offers solid current returns, long-term growth potential and immediately developing rewards.
Look above and beyond and see the potential for development on this prime site. With multi-storey development existing or planned on two neighbouring corners and uniquely flexible site with three frontages (including a side rear lane), this exciting property can go as high as you want into blue-sky airspace to capitalise on possible city-views and potential for multi-storey, multi-dwelling, mixed-use development (subject to Council Approval).
But while you're look to the sky, don't overlook the strong current return from this substantial property. Fully renovated with CaesarStone and stainless-steel appliance kitchens and stylish fully-tiled bathrooms, the 6 apartments in the group offer a huge potential return of around $108,000 pa and an almost zero vacancy rate.
With reverse-cycle air-conditioning for most homes, courtyards for ground-floor apartments and a carspace each on title for all, this exceptional group will continue rewarding an astute investor until it's time to fully capitalise on this elevated corner
close to Monash University and the Monash Freeway,
For more information about this corner investment or development opportunity contact Matthew Iaco on 0412 522 900
Apartment 1 - Great Outdoors
Combining the great outdoors with great style, this gorgeous ground-floor two bedroom apartment is all about the outdoor life with a wraparound courtyard providing privately fenced garden space on title.
Designed to maximise garden views, open-plan living incorporates a sleek CaesarStone and Blanco appliance kitchen, while a quiet rear bedroom area incorporates slick fully-tiled bathroom with a laundry area.
Reverse-cycle air-conditioned with room for parking within the garden or in a carspace on title, this premier apartment even offers a clever bonus with a separate store-room (already fitted with WC) easily re-configured as a second bathroom - ensuite - study or workshop.
Currently used as display suite ~ call to arrange your inspection today!
Apartment 2 - Sun & Serenity
Secluded to the rear with a carefree paved courtyard, this quiet two bedroom ground-floor apartment has the best of all worlds with a secluded entry, sun-filled north-facing garden space and easy access (perfect for additional parking to the separate space on title) via an easy-access rear lane.
Styled with rare flair with sparkling CaesarStone benchtops, prestige Blanco appliances and fully-tiled bathrooms, this garden apartment has a practical side too with climate-controlling reverse-cycle air-conditioning, built-in robes and easy-care polished floorboards.
Tucked away from it all, yet so close to local shopping and the bus to Monash Uni and Huntingdale station, this serene and sunny unit holds appeal for owner-occupier and investors alike.
Currently tenanted $1500 p.c.m approx
Apartment 3 - Upfront Freedom
Upfront and fabulously easy to access, this well-positioned two bedroom unit stands almost free and clear with just one direct neighbour above and a stairwell shared between just two.
Fronted by fenced courtyard space, this private ground-floor apartment showcases a stylish renovation with glittering CaesarStone benchtops beneath a tiled splashback, shiny stainless-steel appliances in glossy cabinetry and a glossy polished-porcelain bathroom incorporating laundry facilities.
Reverse-cycle air-conditioned with no-fuss timber floors and generous storage including built-in robes, this front apartment has a carspace almost at the door, local shopping just across the road and Monash Uni and Huntingdale station within minutes.
Currently tenanted $1450 p.c.m approx
Apartment 4 - Elevated Privacy
Benefitting from a clever design that places the 6 apartments across 2 separate buildings, this clever two bedroom unit makes the most its top-floor spot with just one neighbour (below) and private stairway access.
Presented in classic style with a stone and stainless-steel appliance kitchen, a glossy bathroom starring a designer vanity and large robe-fitted bedrooms, this quality apartment maximises an elevated position with open-plan living and big picture windows at every turn.
The most private home in the group with access direct from the streetfront, parking on the doorstep and every amenity from shopping, to transport, to the University within reach, this upstairs hideaway is a secluded investment or private start.
Currently tenanted $1410 p.c.m approx ~ long staying tenants 7 years now - month to month
Apartment 5 - Styled with a Bonus
Fully renovated in high-style, this 1st-floor rear apartment offers a rare blend of comfort and potential with a traditional two bedroom floorplan supplemented by a separate, but adjacent, store-room - easy enough to re-configure as part of the apartment and big enough to be a 3rd bedroom!
But that's all you'll need, or want, to do here. Catching sun with north-facing living/dining, this sparkling home features CaesarStone benchtops extending to splashbacks in the Blanco kitchen, tiling extending to roof-height for the frameless-screened bathroom and polished boards extending from open-plan living into robe-fitted bedrooms.
With parking on title, the Uni and station in reach and local shopping just across the road, this is perfect polish ...with a bonus!
Was returning $1500 p.c.m approx - now vacant
Apartment 6 - Window on the World
Opening wide with a vast picture window looking over the treetops, rooftops and beyond, this front first-floor apartment gives two bedroom apartment living a new perspective with an elevated aspect and a wide open outlook.
Graced with open plan living incorporating a stylish, modern kitchen/meals, this elevated apartment features a fabulous full-height-tiled bathroom with frameless-screened shower and bath, robe-fitted bedrooms and polished floorboards.
With climate-controlling reverse-cycle air-con and handy laundry facilities, this stylish apartment puts investors high above it all ...until it's time to come down to earth where a carspace on title awaits and Monash University, shops and the station can be found.
Potential return of $1,500 p.c.m - currently owner occupied
Units 1 & 5 available to be viewed.
Property Id: 1004266
Address: 1707-1711 Dandenong Road Oakleigh East
Price: $2+ million offers invited
Other Parking: 1
Highlighted Features: Floorboards, Built-In Robes, Dishwasher, Air Conditioning
Saturday 5th July @ 1:00pm