10/2 Don Bosco Drive
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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 Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 2
- Listed
- 1 month ago
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Neighbourhood
Living in Narre Warren
This 2-bedroom apartment in Narre Warren, VIC 3805 sits within reach of public transport, local shops and nearby schools. It is listed 61% below the $800,000 median of 63 comparable apartmentswithin 5 km.
Schools near Narre Warren
- Dandenong Valley Special Developmental Schoolcombined · U · CoEd
- Don Bosco Schoolprimary · Prep-6 · CoEd
- Fleetwood Primary Schoolprimary · Prep-6 · CoEd
- Fountain Gate Primary Schoolprimary · Prep-6 · CoEd
- Maramba Primary Schoolprimary · Prep-6 · CoEd
- Oatlands Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Verdun Dr/Princes Hwy (bus) — 34 m away
- Berwick Cycles — 172 m away
- Unnamed — 278 m away
- Unnamed — 515 m away
- Unnamed — 587 m away
Narre Warren at a glance
Full suburb profile- Population
- 27,689
- Median age
- 35
- Household income
- $1,741/wk
- Median rent
- $360/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Narre Warren price trend
Median sold · Unit 2 bed
Compound growth +4.8% / yr over 4 yrs
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Full Narre Warren marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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