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402/394-398 Middleborough Road
Blackburn, VIC 3130

$320,000 - $340,000

Apartment 1 bed 1 bath 1 car 57 m²
Listed Date: 29th May 2026
Overview

Priced To Sell - All Offers Considered!!

If you are seeking an excellent investment opportunity with a secure tenant in place for the next 12 months, delivering a strong rental return of $1651 per calendar month, this property is an ideal choice. This one-bedroom apartment is positioned at the top of a boutique complex, offering promising capital growth potential in the coming years.

Located opposite Box Hill High School and within the zoning for Laburnum Primary School, the residence benefits from a convenient location. It is also within walking distance to Laburnum Train Station and the vibrant shopping and dining precinct of Box Hill, providing excellent lifestyle amenities.

Upon entering, you are welcomed by a generous hallway featuring a cleverly designed study nook with a built-in desk, perfect for working from home or study needs. The sleek open kitchen is fully equipped with ample cupboard space, stone benchtops, a dedicated microwave space, and stainless steel appliances including a dishwasher, four-burner gas stovetop, under-bench oven, and rangehood.

The balcony, accessible through glass stackable sliding doors, is generously sized, offering plenty of space for entertaining guests or relaxing outdoors. The bedroom is serviced by a modern and contemporary bathroom featuring a semi-frameless shower, vanity, and toilet, along with a designated adjoining laundry area for convenience.

Additional features of the apartment include lift access, video intercom, a split system for heating and cooling, and one secure basement car parking space. The residence is carpeted and includes built-in wardrobes, intercom, and heating, enhancing comfort and security.

This lovely apartment is an excellent 'set and forget' investment or a perfect starting point for those looking to enter the property market. Act quickly to add this property to your portfolio or begin your investment journey here.

Features
  • Study nook
  • Living area
  • Air conditioning
  • Built-in wardrobes
  • Intercom system
  • Basement car parking
  • Carpeted floors
  • Close proximity to schools
  • Close proximity to shops
  • Close proximity to public transport
  • Heating system

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
402/394-398 Middleborough Road
Blackburn VIC 3130
Market Insights for Blackburn VIC 3130
New Listings (last 30 days)
7
Average price
$1,434,286
Lowest price
$370,000
Highest price
$3,800,000
Other properties in this postcode

* 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.