1-5 / 42 Magnolia Road, Gardenvale
VIC 3185
- 10
- 6
- 7
Auction
Thursday 7th May | 2:00 PM public 2026-05-07 14:00:00 2026-05-07 14:30:00 Australia/Melbourne Auction for 1-5 / 42 Magnolia Road, Gardenvale Auction for 1-5 / 42 Magnolia Road, Gardenvale 1-5 / 42 Magnolia Road, Gardenvale Gary Peer inspections@garypeer.com.au
Inspection
Guide
2,750,000-2,950,000
Blue chip block of five on 920m2*
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.
Gardenvale suburb statistics
Houses*
Median sale price
$0
Quarterly price change
0%
Units*
Median sale price
$0
Quarterly price change
0%
Sales insights
Auction clearance rate*
N/A
Median days on market∧
102 days
Total sold properties*
9
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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