Built in 2009 and nestled within vibrant Box Hill, this 1 bedroom student apartment is a perfect entry into property investment. The contemporary complex features secure entry and intercom, plus a communal coin operated laundry and lounge area.

Please be aware that this is a student apartment only for students (You can not live in it if you are not a student)

This apartment is located at the west side of the quiet side of the building with windows in the bedroom facing west. Features separate sitting room and separate bedroom, room for a desk in the bedroom, reverse cycle split system is adjacent to the kitchen. A spacious modern bathroom boasts a stone-topped vanity, whilst the kitchen features a stainless steel gas cooktop, complete with bar fridge and microwave oven!

The nearby convenience is outstanding: walking distance to Box Hill TAFE, Parks Gardens, hospital, trams, buses and train station, plus Box Hill Central. With the increasing number of students seeking accommodation in a position like this, this apartment could be an ideal investment! Curently rented at $240 per week.

Property: 50/5 Archibald St, Box Hill VIC 3128
Agreement Commencement Date: Sat 01/06/2024
Agreement Term: 12 months
Agreement Expiry: Sat 31/05/2025
Rent: $1,043 per month

Box Hill Rates (2021) - $314.50 per annum
Body Corporate Fees - $550 per quarter
Capital Improved Value (CIV): $116,000

$785 Estimated monthly repayments based on an advertised price of $120,000

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.