307/1 Wellington Road, Box Hill, Vic 3128

$110,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Wednesday, June 17, 2026 ( See property details for 307/1 Wellington Road, Box Hill, Vic 3128)

$110,000

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A well-located, affordable 1-bedroom apartment offering strong investment potential with scope for value-adding improvements in Box Hill.

🏡 Property Highlights

  • Affordable entry point at $110,000 with strong rental yield potential
  • Prime location within walking distance to the heart of Box Hill
  • Functional 1-bedroom, 1-bathroom layout with separate zones
  • Private patio area ideal for outdoor living
  • Opportunity to add value through cosmetic improvements and renovation
  • Low-maintenance living suited for tenants or investors

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Internal Laundry
  • Pet-Friendly
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Waterfront / Views

Box Hill is a vibrant suburb renowned for its diverse community, excellent public transport links, and proximity to Melbourne’s CBD. It offers a thriving dining scene, shopping precincts, and access to parks and recreational facilities. The area is highly sought after for both lifestyle and investment opportunities, with strong growth prospects and a well-established infrastructure.

What is the condition of the apartment and what improvements are needed?
The apartment is in functional condition but requires some cosmetic improvements, including re-plastering due to wall damage, providing an opportunity to personalise and add value.
What are the rental prospects and potential returns?
The property is estimated to rent for approximately $350 per week, offering a strong rental yield for investors.
Is the property suitable for first-time buyers or investors?
This property is ideal for both first-time buyers seeking an affordable entry point and investors looking for a high-yield, low-maintenance asset.
What are the ongoing costs associated with the property?
Annual outgoings include approximately $2,517 for body corporate fees, $433.70 for council rates, and $339.67 for water rates.
What amenities and transport options are available nearby?
The apartment is within walking distance to Box Hill’s shopping, dining, and public transport options, including train and bus services, providing excellent connectivity.
Are there any upcoming or planned developments in the area that could affect the property's value or living environment? Has the property been inspected for structural issues or water damage, especially considering the need for re-plastering? Are there any restrictions or easements on the property that could impact renovation plans? What are the strata or body corporate rules, and are there any special levies or assessments upcoming? Is the property located in a flood or bushfire-prone zone, and what are the associated risks? Are there any noise or nuisance issues from nearby commercial or transport activities? What is the history of the property regarding repairs, renovations, or previous damage? Are there any zoning restrictions that could limit future development or modifications? What are the long-term growth prospects for the suburb and surrounding area? Are there any planned infrastructure projects or community developments that could influence property value?

307/1 Wellington Road, Box Hill, Vic 3128 - More Details

$110,000

Type
Apartment
Bedrooms
1
Bathrooms
1

Price guide

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