301/40 Burgundy Street

Perfect for investment and owner-occupy. Level 3, Unit 301, 2 bed 2 bath plus study 2 carpark, Int: 90sqm, Balcony: 8sqm, Total: 98sqm Perfectly positioned on Level 3 of a contemporary complex, this spacious and light-filled apartment offers a superb combination of comfort, convenience, and investment security just steps from Heidelberg's vibrant Burgundy Street precinct. Comprising two generous bedrooms (master with ensuite), a dedicated study, and two modern bathrooms, the home delivers 90sqm of stylish interior living plus an 8sqm private balcony. The open-plan layout features a well-appointed kitchen with quality appliances, stone benchtops, and ample storage, seamlessly connecting to the living and dining area. With two secure car parks and a long-term lease in place at $690 per week (expiring 15 January 2027), this property represents an ideal opportunity for investors seeking a low-maintenance, high-demand rental in one of Melbourne's key medical and education hubs. Property highlights: - Two bedrooms, two bathrooms plus study area - Two secure car spaces - Internal: 90 sqm | Balcony: 8 sqm | Total: 98 sqm - Currently leased at $690/week (unfurnished) until 15 Jan 2027 - Modern kitchen with stainless-steel appliances and stone finishes - Open-plan living leading to a private balcony - 1 x Split-system heating and cooling - Secure building with lift access and intercom Outgoings (approximate): - Owners Corporation fees: $6,800 p.a. - Council rates: $1,098 p.a. - Water rates: $185 per quarter Unbeatable location: - Warringal Shopping Centre 95 m - Austin & Mercy Hospitals 800 m - Heidelberg Train Station 1.4 km - La Trobe University (Bundoora) 5 km - Ivanhoe Grammar School 3.9 km - Our Lady of Mercy College 500 m - Heidelberg Primary School 350 m - Viewbank College 3.5 km Please note: The staging furniture displayed in marketing photos is not included in the sale. Inspection: As the property is currently tenanted, private inspections can be arranged upon request after online review of the photos and floorplan.