Class 1B - RARE FIND UNLIKELY TO BE REPEATED
luxara.living Investment Opportunity at 42 Albert Crescent, St Albans

Discover an exceptional investment opportunity with luxara.living, a premier multiple-income property (MIP) designed for modern, high-yield investing. This newly constructed, purpose-built property is comprised of 8 luxurious, self-contained 1-bedroom suites, each with its own bathroom and living area, offering tenants the ultimate in privacy, comfort and luxury in a AAA location.

Key Property Features:
8 Individual Suites: Each bedroom features a private ensuite and dedicated living area, creating a self-contained living experience for every tenant.

Communal Amenities:
A thoughtfully designed communal kitchen invites tenants to connect and unwind, enhancing the community feel while ensuring privacy remains paramount.

Premium Finishes:
Meticulously crafted with top-quality construction materials and finishes, every detail reflects luxara.living's commitment to excellence.

Secure Parking:
Two designated car parks offer convenience and peace of mind.

Projected Rental Return:
Rental income is estimated between $166,400 - $176,800 per annum, positioning this as a high-return investment.

Completion Timeline:
Anticipated completion before Christmas, with early New Year settlement—ideal for investors looking to start 2025 with a robust income-generating asset.

Why Choose Luxara Living?
luxara.living properties are renowned for delivering luxurious, stable, and high-yield investment opportunities in Melbourne’s thriving suburbs.

The St Albans area offers convenient access to public transport, shops, and amenities, appealing to a comprehensive tenant demographic while ensuring sustained rental demand.

Mitsubishi air-conditioner in each suite
Self-contained kitchens and bathroom
Floor-to-ceiling tiles in all bathrooms
All floors are tiled for water protection
Switchboard to each room
Semi-solid doors to each main entry
Construction of brick all the way up, including second-level
Solar hot water
Washer and dryer provision for coin-operated in communal kitchen area with external vent provisions.
Study nooks
Double glazed
Electronic entry door
Cat six cables to each room
Showers plumbed from the roof
Stone top throughout
All internal walls have been soundproofed, insulated

This unique, multiple-income property model is ideal for investors seeking dependable cash flow, premium construction, and a low-maintenance asset.

Don’t miss this rare opportunity to add a luxara.living managed asset to your portfolio. Contact us today to secure your investment in this high-demand location before the end of the year!
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For Sale
Property Details
House
Land Size 460 m²
Price Range $1,800,000
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Scott Banks
Managing Director

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