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10/2 Don Bosco Drive

Narre Warren, VIC 3805, Australia
$300,000
2 bed 2 bath 2 car

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Area Price Guide
$282,000$318,000

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84
Comparable
📊
$770,000
Area median
⚖️
-61%
vs median
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1 week ago
Listed

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About this property

For Investors Only High Cash Flow & Low Outgoings Opportunity Positioned within the highly regarded and professionally managed Quest Narre Warren complex, this outstanding investment apartment presents an exceptional opportunity for investors seeking strong rental returns, high cash flow, and minimal ongoing expenses. One of the key highlights of this investment is the secure rental arrangement with approximately 4% annual rental increases, providing excellent long-term income growth and stability for investors. Adding even greater appeal, the majority of outgoings are covered by Quest, including council rates, administrative levy fees, and water rates, making this a truly low-maintenance and cost-effective investment opportunity. The apartment itself offers a spacious and functional layout, featuring a light-filled open-plan living and dining area, complemented by a well-appointed kitchen with quality appliances and ample storage. Designed for comfort and practicality, the property continues to appeal strongly to both short- and long-term accommodation guests. Accommodation includes generously sized bedrooms with built-in robes, modern bathrooms, and a convenient European-style laundry. A dedicated car space further enhances the property's practicality and appeal. Investment Highlights High rental return with strong cash flow Approximately 4% annual rental increases Secure lease arrangement within the Quest Apartment complex Most outgoings paid by Quest, including: Council rates Administrative levy fees Water rates Professionally managed investment with minimal owner involvement Low-maintenance "set-and-forget" opportunity Lifestyle & Facilities Residents and guests enjoy access to: Outdoor swimming pool BBQ and entertaining area Beautifully maintained common grounds Professional on-site management Perfectly positioned in the heart of Narre Warren, the property is just moments from Westfield Fountain Gate Shopping Centre, Narre Warren Train Station, local schools, parklands, restaurants, and easy Monash Freeway (M1) access. Its strategic location continues to support strong accommodation demand and excellent long-term investment appeal. Offering a rare combination of secure income, high cash flow, annual rental growth, and low holding costs, this is an outstanding opportunity for investors seeking a stress-free addition to their portfolio. Disclaimer: We have in preparing this document used our bestendeavoursto ensure that theinformation contained in this document is true and accurate, but accept no responsibility anddisclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in thisdocument. Prospective purchasers should make their own enquiries to verify the informationcontained in this document. Purchasers should make their own enquires and refer to the duediligence check-list provided by Consumer Affairs. Click on the link for a copy of the duediligence check-listfrom Consumer Affairs.http://www.consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

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    Repayment calculator

    $1,454/month
    $727 /fortnight
    Loan $240,000 at 6.10% over 30 years

    Upfront costs

    Deposit$60,000
    Stamp duty$13,070
    Conveyancing (est.)$2,000
    Total upfront$75,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    2
    Listed
    1 week ago

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