Please note this property is a serviced apartment and can only be used for this purpose, short or long term renting cannot be permitted.
A smart and stylish one-bedroom apartment offering the perfect stress-free investment with an impressive 7.6% return. Set within the Punthill Oakleigh serviced apartment hotel, this property delivers exceptional convenience just minutes to Chadstone Shopping Centre, Monash University Caulfield Campus, and only 12km from the Melbourne CBD with seamless access to the Monash Freeway.
Fully self-contained, the apartment features a stone-bench kitchen with a full suite of Whirlpool appliances, an open and light-filled living/dining zone with reverse-cycle air-conditioning, and a generous bedroom with mirrored built-in robes. The beautifully finished bathroom includes a frameless shower and Euro laundry, while a sunny north-facing balcony completes the picture.
Gross Income: $13,779.62 per Annum
Net Income: $10,588.49 per Annum
Perfect for investors seeking a secure, hands-off opportunity with a rental guarantee, no letting fees, no vacancy periods, no advertising costs, and no repair or maintenance obligations. A truly set-and-forget investment in a high-demand location.
This is a small apartment‑hotel: a pragmatic, commercially driven multi‑unit building with a modest brick-and-tile facade and repetitive studio layouts. It is architecturally generic rather than original or historically significant — competent construction and spec finishes but no distinctive design authorship.
Key Architectural Features
low-rise mixed-use / apartment-hotel blockbrickwork facade with a coloured tile bandrecessed balconies and ribbon windowsground-floor glazing and lobbysmall studio hotel units with kitchenettestandard ensuite bathroomscommercial signage (Punthill apartment hotels)
