18/11-13 Llaneast Street
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About this property
Positioned just moments from vibrant Glenferrie Road, this spacious and light-filled one-bedroom apartment presents an outstanding opportunity for investors seeking immediate returns in a premium lifestyle location. Currently leased at $420 per week, this property offers secure rental income from day one, making it a smart addition to any investment portfolio. Property Features: • Generous open-plan living and dining area flowing onto a private balcony • Modern kitchen with granite benchtops and ample storage • Spacious bedroom with walk-in robe • Reverse-cycle heating and cooling for year-round comfort • Secure car space Strong rental return of $420 per week • Potential suitability for SMSF purchase (subject to professional advice) Unbeatable Lifestyle Location Enjoy the convenience of being just steps from: • Glenferrie Road - famous for its cafes, restaurants, and boutique shopping • Malvern Central Shopping Centre • Armadale railway station • Monash University Caulfield Campus • Cabrini Hospital This highly sought-after pocket consistently attracts quality tenants, ensuring long-term rental demand and capital growth potential. An exceptional opportunity to secure a low-maintenance, high-demand investment in one of Melbourne's most desirable suburbs. Contact us today for further details
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Armadale
This 1-bedroom apartment in Armadale, VIC 3143 sits within reach of public transport, local shops and nearby schools. It is listed 78% below the $1.73m median of 53 comparable apartmentswithin 5 km.
Schools near Armadale
- Lauriston Girls' Schoolcombined · Prep-12 · Girls
- The King David Schoolcombined · Prep-12 · CoEd
- The King David School - Junior Schoolcombined
- The King David School - The Rebecca Magid Centrecombined
- Armadale Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Stop 39: Auburn Grove (tram) — 1.3 km away
- Lululoft — 869 m away
- Bailey Avenue Reserve — 268 m away
- Unnamed — 275 m away
- Inverness Avenue Park — 451 m away
Armadale at a glance
Full suburb profile- Population
- 9,368
- Median age
- 38
- Household income
- $2,193/wk
- Median rent
- $421/wk
- Median mortgage
- $2,458/mo
Source: ABS Census.
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Suburb market
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Armadale price trend
Median sold · Unit 1 bed
Compound growth +0.1% / yr over 4 yrs
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