609/2-6 Railway Road, Cheltenham, VIC 3192
Open House: Sunday, 22 May 2022: 4:00 pm - 4:30 pm
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A modern apartment functioning both as a cosy home and a sea lookout!
50460


INSPECTION TIMES!
Alongside the scheduled times, private inspections may be available at other times by appointment only, subject to bookings on Airbnb!

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Property Features

Ensuite
NBN Ready
Built-in Wardrobes
Dishwasher
Fire Alarm
Furnished Optional
Marble Kitchen Bench Top
Induction Cooking Stove Top
Stainless Steel Appliances
Pets Allowed
Balcony/Deck
Floorboards
Intercom
Alarm System
Laundry
Gas
Water Views
Concierge
Two Reverse Cycle Air Conditioners
Double Glazed Windows
Terrace Entertainment Area
Outdoor Cinema
Communal BBQ Area
Communal Gym
Secure Carpark
Storage Cage with Bicycle Rack
Reception Waiting Area For Guests

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Property Description:

A modern apartment functioning both as a cosy home and a sea lookout!​

Sleek and elegant 3 bed, 2 bath apartment situated in lively Cheltenham, neighbouring various restaurants, cafes, shops, and recreational facilities. With this gem, aesthetics are not sacrificed for practicality, and the compactly rich floor plan is a testament to this. Of course, the accessibility provided should not be understated, with a mere stroll to Cheltenham train station, Southland Shopping Centre, and a short vehicle trip to multiple eminent schools, only skimming the surface of the abundance this dwelling offers.

As an investment property, this apartment is auspicious for profit-making capabilities. In particular, it has garnered approximately $280 daily on weekdays and $320 daily on weekends for the past 3 years (an estimated $8,000+ monthly or $100,000+ annually) via Airbnb, suggesting similar success for any future comparable endeavour on the platform, including potentially claiming the return on investment (ROI) in approximately 7 years.

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Features include:
Open-plan arrangement agreeable to sociable gatherings
Two reverse cycle air conditioners
Kitchen with ample cupboard space, stainless steel appliances, dishwasher, island, marble benchtops and induction cooking
Three good sized bedrooms with built-in robes and plentiful natural light
Ensuite to the master bedroom plus a central bathroom with a sizable laundry
A generous L-shaped balcony (14 m²) pointed towards the sea
Terrace entertainment area, with an outdoor cinema and BBQ, allowing you to enjoy a movie and meal with your friends and family
Secure carpark, including a storage cage and bicycle rack
Concierge

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Located:

A walking distance to Cheltenham bus and Train Station
Close to famous public and private schools with an exceptional curriculum
Direct access to well-known Nepean Highway
10 min walk to Southland Shopping Centre
3 min drive to the beach
5 min drive to various world-class golf courses, such as Royal Melbourne Golf Club
$650,000 to $680,000
Property Type: Apartment
Floorplan 1
  • 3 hotel
  • 2 hot_tub
  • 1 directions_car
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