$950,000 - $1,045,000
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1/56 Panorama Street, Clayton VIC 3168

Apartment
651
Block size: 304 m² approx.

OPTIMAL ROI $68,406 ANNUAL INCOME IN A PREMIER LOCATION

Elevate your investment portfolio with Kookaburra Cottage, a high-yield property generating $68,406 annually. Strategically positioned to cater to a diverse tenant base, this meticulously maintained residence is a preferred choice for young professionals, overseas medical professionals, and Monash University PhD students.

Named Kookaburra Cottage, this investment gem boasts fully furnished rooms, a well-equipped kitchen, and additional amenities like a storage garage. With no current maintenance issues and a strategic location near essential amenities, Kookaburra Cottage promises a steady return on investment for discerning investors.

Security is prioritised with keypad entry on both front and back doors, offering a keyless and secure environment. Individual access codes for tenants add an extra layer of safety. Additionally, the property is currently exempt from land tax, presenting a financial advantage for investors.

Kookaburra Cottage incorporates efficiency features to enhance sustainability and reduce costs. Solar roof panels power the hot water system (HWS) and lighting, with timers on the ensuite lights and heater contributing to energy conservation. This presents a unique turnkey investment opportunity in Clayton.

Strategically located just a 5-minute walk from Monash Hospital, Kookaburra Cottage is a residence of choice for young professionals seeking proximity to medical facilities. The property's allure extends to overseas doctors and nurses attending Monash Hospital, providing a convenient and comfortable living solution for those on international assignments.

*Photo ID required at all First National JXRE open for inspections and auctions. First National JXRE may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs.

Features include: Close to Transport,Close to Shops,Close to Schools

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jason Xi to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
6
Bathrooms:
5
Garage Spaces:
1
Property type:
Apartment
Block Size:
304 *

Other Details

Lot:
1
Plan:
PS426905
Legal description:
1\PS426905
First National JXRE

Maps and area information

Block information
Block size: 304 (approx)
Legal description: 1\PS426905
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Clayton's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Clayton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
28 years
Population
18,988
Listing ID: 182144290. This listing has been viewed 21 times. It was first displayed on 05/12/2023 and last updated on 25/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.