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

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

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

Lot 106 / Quest Moorabbin
For Investors Only – Not Suitable for Owner-Occupiers

Positioned within the well-established Quest Moorabbin serviced apartment complex, this spacious twin-key apartment presents an exceptional opportunity for investors seeking secure passive income, long-term lease certainty and low-maintenance ownership within a professionally managed accommodation asset.

Offering approximately 80sqm including balcony space, the apartment comprises two generously sized bedrooms, two bathrooms, two fully equipped kitchens, separate laundry facilities, spacious living and dining areas, private balcony and secure car parking on title.

Residents and guests benefit from access to a range of hotel-style on-site services and facilities managed by Quest, including professional on-site management, reception services, guest assistance, and streamlined check-in and check-out processes designed for convenience and efficiency.

Additional amenities within the complex include a fully equipped gym, BBQ and outdoor entertaining area, communal dining spaces, and conference/business facilities, catering to both short-stay and long-stay corporate guests.

Designed to accommodate both corporate and extended stays, the functional twin-key configuration enhances rental flexibility while supporting strong ongoing occupancy demand within the Quest accommodation network. The professional management structure ensures consistent presentation standards, efficient maintenance response, and a seamless guest experience.

Investment Highlights:
• Secure lease arrangement until 2046
• Current rental income: $2,812.53 per month
• Fixed 4% annual rental increases
• Professionally managed by Quest accommodation operators
• Strong corporate and long-stay tenant demand
• Low-maintenance “set-and-forget” investment profile
• Stable long-term income stream

Owner Outgoings (Approx.)
• Council Rates: $1,887 p.a.
• Water Rates: $704.20 p.a.
• Land Tax: $975 p.a.
• Body Corporate Sinking Fund: $1,076.40 p.a.

Strategically located within Melbourne’s highly regarded south-east business corridor, Quest Moorabbin is positioned moments from Holmesglen Private Hospital, Moorabbin Airport, and major retail destinations including DFO Moorabbin, Southland Shopping Centre and Costco Wholesale Moorabbin. The location is also surrounded by Melbourne’s renowned Sandbelt golf courses, further strengthening consistent accommodation demand from both corporate and leisure markets.

Combining secure long-term rental income, structured annual growth and minimal ongoing management requirements, this represents an outstanding opportunity for investors seeking a resilient income-producing asset in a tightly held hospitality accommodation sector.

For further information or to arrange a private inspection, please contact Cathy Yuan on 0425 812 260.


Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1

Price guide

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