43 & 44/7 Feehan Avenue, Moonee Ponds, Vic 3039

$400,000-$439,990

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, April 10, 2026 ( See property details for 43 & 44/7 Feehan Avenue, Moonee Ponds, Vic 3039)

$400,000-$439,990

Ryan Pagan LICENSED ESTATE AGENT/DIRECTOR/OFFICER IN EFFECTIVE CONTROL
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Secure a prime investment in the well-maintained Quest Moonee Valley complex with long-term tenants and high rental returns.

🏡 Property Highlights

  • Long-term investment with a 5-year lease starting March 2026
  • Well-established Quest Moonee Valley complex with over 20 years of occupancy
  • No vacancy periods, no letting fees, and no advertising costs
  • Secure car spaces on title for both properties
  • High rental income of $30,000 per annum per property
  • Properties currently used as office and conference room, reducing refurbishment obligations

✨ Key Features

  • Outdoor Area
  • Secure Parking
  • Open-Plan Living
  • Waterfront / Views
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Heating (Ducted/Split)
  • Security Screens / Gates
  • Fly Screens

Moonee Ponds is a vibrant suburb renowned for its excellent amenities, including Puckle Street shopping precinct, public transport options, and proximity to the Moonee Valley Racecourse. The area offers a lively lifestyle with cafes, pubs, and recreational facilities, making it highly desirable for both residents and investors. Its well-maintained infrastructure and ongoing development projects ensure sustained growth and appeal. The suburb's strategic location provides easy access to Melbourne CBD and surrounding suburbs, making it an ideal investment hotspot.

What are the current lease terms and rental income for these properties?
Both properties are under a new 5-year lease commencing on 05 March 2026, with a combined annual rental income of $30,000, equating to $2,500 per month per property.
What are the benefits of investing in this Quest complex?
The complex offers long-term tenants, no vacancy periods, no letting fees, and minimal refurbishment obligations, providing a straightforward and reliable income stream.
Are there any additional costs or fees associated with these properties?
There are no rental management fees or advertising costs, making these properties a cost-effective investment option.
What amenities are available within the complex?
The complex features an outdoor swimming pool, secure car spaces on title, and is well-maintained with professional management.
Is the location suitable for future growth and development?
Yes, the property is located near Puckle Street shops, public transport, and the upcoming Moonee Valley Race Track upgrade, ensuring ongoing appeal and growth potential.
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? What are the total ongoing costs, including strata fees, council rates, and maintenance? Are there any restrictions or easements on the property that could impact future use or renovations? Has the property been inspected for structural issues or potential defects? What is the history of the property's occupancy and rental performance? Are there any planned or ongoing construction projects nearby that could cause noise or disruption? Is the property compliant with all local building codes and regulations? What are the terms and conditions of the current lease agreement? Are there any strata or body corporate fees applicable to these properties? What is the flood or bushfire risk assessment for this location?

43 & 44/7 Feehan Avenue, Moonee Ponds, Vic 3039 - More Details

$400,000-$439,990

Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

Price guide

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