307/1 Wellington Road, Box Hill VIC 3128

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 0 • Bathrooms: 1

Description: Positioned within walking distance to the heart of Box Hill, 307/1 Wellington Road presents an outstanding opportunity for investors seeking strong returns at an exceptionally low entry point., This compact 1-bedroom, 1-bathroom studio apartment offers a functional layout, including a separate bedroom zone, meals area, kitchen, bathroom, and a small private patio. The property is well suited to tenants seeking low-maintenance living in a highly convenient location. Offered at $120,000, this is an extremely affordable investment with an estimated rental return of approximately $350 per week, representing strong yield potential. The apartment does require some cosmetic improvement, including re-plastering due to wall damage, making it an ideal opportunity to add value with a simple renovation and further enhance rental appeal. Outgoings (approx.): Body Corporate: $2,517 per annum (includes gas usage) Council Rates: $433.70 per annum Water Rates: $339.67 per annum Key Details: 1 bedroom, 1 bathroom studio Functional floorplan with separate zones Private patio area Settlement preferred: 3045 days Exceptional value buying This is a highly affordable investment opportunity with scope to improve and capitalise on future growth in a blue-chip location. Disclaimer: All information provided, including rental estimates, outgoings, and property details, are approximate only and cannot be guaranteed. Prospective purchasers should make their own enquiries and rely on their own due diligence.