Lot 106/3 Kingston Road, Heatherton, Vic 3202

Private Sale $500,000 to $530,000

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Sunday, May 17, 2026 ( See property details for Lot 106/3 Kingston Road, Heatherton, Vic 3202)

Private Sale $500,000 to $530,000

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A modern, twin-key apartment within a managed complex offering secure, long-term passive income and premium amenities in Melbourne’s sought-after south-east corridor.

🏡 Property Highlights

  • Secure lease arrangement until 2046 ensuring long-term income stability
  • Strong rental income of $2,812.53 per month with fixed 4% annual increases
  • Positioned within a professionally managed serviced apartment complex
  • Low-maintenance 'set-and-forget' investment ideal for passive income
  • Access to hotel-style amenities including gym, BBQ area, and communal spaces
  • Strategically located near major hospitals, airports, retail centres, and golf courses

✨ Key Features

  • Balcony
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Dishwasher
  • Internal Laundry
  • Ensuite

Heatherton offers a highly desirable location within Melbourne’s south-east business corridor, featuring excellent access to major hospitals, airports, retail centres, and leisure facilities. The area is renowned for its strong corporate and leisure demand, proximity to Sandbelt golf courses, and convenient transport links. Its vibrant community and strategic positioning make it an ideal choice for investors seeking resilient rental income and growth potential.

What are the management and maintenance arrangements for this apartment?
The apartment is professionally managed by Quest, providing on-site management, maintenance, and guest services, ensuring a low-maintenance ownership experience.
What amenities are available within the complex?
Residents and guests have access to a fully equipped gym, BBQ and outdoor entertaining area, communal dining spaces, and conference/business facilities.
Is the lease arrangement flexible or fixed?
The lease is secured until 2046, providing long-term income certainty with fixed annual rental increases of 4%.
What is the current rental income and yield?
The current rental income is $2,812.53 per month, offering a stable and predictable income stream for investors.
Are there any additional costs or owner outgoings?
Annual owner outgoings include council rates ($1,887), water rates ($704.20), land tax ($975), and body corporate sinking fund ($1,076.40).
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value or rental demand? What are the specific terms of the lease agreement, and are there any restrictions on sub-leasing or modifications? Are there any known issues or defects with the building structure, plumbing, or electrical systems? Is the property compliant with all relevant building codes and regulations, including fire safety standards? What are the long-term maintenance costs expected for the complex, and how are the sinking funds managed? Are there any restrictions or covenants affecting the use of the property or access to amenities? Has the property been affected by any environmental risks such as flooding or bushfire zones? Are there any current or planned renovations or upgrades within the complex that could impact residents or owners? What is the process for renewing or extending the lease beyond 2046, if desired? Are there any strata or body corporate fees or special levies that could change in the future?

Lot 106/3 Kingston Road, Heatherton, Vic 3202 - More Details

Private Sale $500,000 to $530,000

Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1

Price guide

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