504A/400 Burwood Highway, Wantirna South VIC 3152
504A/400 Burwood Highway, Wantirna South VIC 3152
1-bed unit with resort amenities | secure underground parking | opposite Westfield Knox | periodic lease at $1,825 pcm
This unit presents a compelling proposition for an investor seeking a low-maintenance entry into a high-amenity precinct, or for an owner-occupier prioritizing convenience over space. Its competitive strength lies in the rare combination of a full suite of resort-style facilities-pool, gym, sauna, function room-within a one-bedroom configuration, a scarcity that carves a specific niche in the market. The positioning directly opposite a major shopping centre capitalizes on walkability, a durable value driver that appeals to both tenants and future buyers, while the secure parking and storage cage address practical urban shortcomings. This property serves the metropolitan professional or downsizer who values lifestyle infrastructure and proximity to transport links over private outdoor space, with the modern finishes and open plan reducing immediate capital requirements.
The primary decision hinges on the periodic tenancy, which introduces immediate vacancy risk upon settlement and necessitates a clear transition strategy, costing the buyer either lost income or relocation expenses. The lack of data on building age, comparable sales, and specific strata costs represents a material due diligence gap that must be closed to assess capital growth trajectory and holding costs against the area’s median. However, the current rental yield appears robust for the sub-market, and the units specific amenities defend against obsolescence. Proceed with an investor mindset, leveraging the strong rental position while recognizing the configuration inherently limits buyer pool on resale; this is a hold for steady income, not a short-term trading vehicle.
Detailed Independent Property Report prepared by PropCred Analyst team for 504A/400 Burwood Highway, Wantirna South VIC 3152
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Wantirna South is a thriving, well-established family suburb positioned as a premier eastern corridor destination, underpinned by significant infrastructure investment and excellent schooling. Demand is driven by families and professionals seeking spacious homes in quiet, sought-after estates like Regency Park, close to amenities. The housing market demonstrates solid growth and competitive auction conditions, while the unit segment faces headwinds. Future growth is supported by ongoing infrastructure upgrades and a tight sales market, though sensitivity to interest rates and a divergence between house and unit performance present key considerations.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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