{"Slug":"block-of-units-1-5-42-magnolia-road-gardenvale-vic-3185","CanonicalUrl":"https://realsearch.com.au/block-of-units-1-5-42-magnolia-road-gardenvale-vic-3185","Address":"1-5/42 Magnolia Road, Gardenvale, Vic 3185","Suburb":"Gardenvale","State":"VIC","Postcode":"3185","PropertyType":"Block Of Units","Status":"Sold","Headline":null,"Description":"An exceptional investment opportunity awaits with this solid block of five well maintained, house sized apartments, all currently tenanted & delivering immediate rental returns. Occupying a substantial 920m2 allotment* in the heart of sought after Gardenvale, it presents outstanding lifestyle appeal & long term growth potential in a high demand location. A rare opportunity for astute investors to immediately bring in a passive income & explore an array of future prospects for capital growth (STCA). All five light filled comfortable two-bedroom apartments are generously proportioned, impeccably presented & enjoy leafy outlooks. Four apartments - two on the ground level & two above feature wide entrance hallways with ample storage, expansive living/dining rooms opening to large sun-drenched balconies, spacious neatly presented kitchens with room for casual meals, two good sized bedrooms with built-in robes & central dual-access bathrooms with bath & shower. The elevated front apartment with a slightly varied floorplan enjoys the added advantage of its own private entry & includes two bathrooms, with the main bedroom featuring an ensuite. Each apartment is further enhanced by an additional toilet, split system heating/cooling, a separate laundry, undercover off street parking & a lock up storage room. Don’t miss this exciting opportunity to capitalise on this fantastic address - within in the sought after Gardenvale Primary School zone, close to beautiful parklands, vibrant Martin Street shops & cafes & a choice of transport options. *Approximate Title Dimensions.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Contact agent"},"Bedrooms":"10","Bathrooms":"6","Parking":"5","Features":[{"Name":"Bedrooms","Value":"10"},{"Name":"Bathrooms","Value":"6"},{"Name":"Carports","Value":"5"},{"Name":"House Size","Value":"920 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.8974394,"Longitude":145.0106686,"Agent":{"Name":"Daniel Micmacher","CanonicalUrl":"https://realsearch.com.au/agent/daniel-micmacher-2"},"Agency":{"Name":"Gary Peer & Associates - Caulfield North","CanonicalUrl":"https://realsearch.com.au/agency/gary-peer-associates-caulfield-north"},"CreatedAt":"2026-04-10T08:33:29.5333073","UpdatedAt":"2026-09-28T10:10:49.0833333"}