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Overview
512/101 Tram Road, Doncaster VIC 3108
Positioned within one of Doncaster’s most convenient lifestyle locations, this stylish two-bedroom apartment offers an excellent opportunity for first home buyers, downsizers, and investors. The residence is located just moments from Westfield Doncaster, providing a light-filled, low-maintenance living environment with exceptional everyday convenience.
The apartment features a functional floorplan complemented by quality finishes and impressive resident amenities, embodying modern apartment living at its best.
- Two spacious bedrooms providing comfortable accommodation.
- A modern bathroom designed with contemporary fittings.
- An open-plan living and dining area enhanced by floorboards throughout, creating a warm and inviting atmosphere.
- A well-appointed kitchen equipped with stainless steel appliances, including a gas cooktop, electric oven, and dishwasher, catering to all culinary needs.
- Split system heating and cooling ensuring year-round comfort.
- A private balcony offering outdoor space for relaxation.
- A secure car space accompanied by a storage cage for added convenience.
- Access to communal gym facilities within the building, promoting an active lifestyle.
- The tenant is vacating on 24/7, allowing for vacant possession.
Investment and outgoing details include an asking price of $425,000, with an estimated rental return of approximately $575 per week, equating to $29,900 per annum. This represents a strong estimated gross rental yield of around 7.0%. Owners Corporation fees are approximately $742.20 per quarter, council rates about $836.90 per annum, and water rates approximately $193.50 per quarter.
Perfectly positioned within walking distance to Westfield Doncaster, cafes, restaurants, public transport, and local amenities, this property offers an ideal lifestyle opportunity in a highly sought-after location. Whether seeking a quality first home, a low-maintenance lifestyle property, or a high-yield investment in a blue-chip suburb, this affordable Doncaster apartment ticks all the boxes.
Change History
| Headline | When |
|---|---|
| $425,000 | |
| $429,000 |
Location
Doncaster VIC 3108
Market Insights for Doncaster VIC 3108
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Expressions of Interest Close Tuesday 2 June 5pm
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
