307/200 Reynolds Road, Doncaster East VIC 3109

2 bed 2 bath apartment in Manningham | last sold $596,000 | $585 weekly rent | gross yield above 5% | suited to investors and downsizers A 2-bedroom 2-bathroom apartment is presented in a sought-after pocket of Doncaster East, within a multi-unit development. A gross rental yield of approximately 5.1% is achieved based on recent rent and sale price, which is considered strong for the area. The configuration is commonly sought by investors and downsizers, as it balances space with efficiency. The property is well-positioned to attract these buyer types due to its location in Manningham, known for its residential appeal and access to amenities. The rental demand is demonstrated, further enhancing its investment profile. The building age and floor level are factors that may affect value, as they are relevant to liveability. Strata fees from the complex might influence net yield. The amenities and finishes of the apartment are also considered, with rental evidence suggesting adequate quality. These elements may be weighed by buyers when forming a price view.