About this property
Unit 1 at 16 Sutherland Road is a residential apartment within a 58‑unit, 2012‑built strata complex in the inner‑south Melbourne suburb of Armadale. The building occupies an approximate 2,564 m² block and is managed by owners corporation LP79648 under the City of Stonnington.
estimated market value places the unit’s market value around $620 k and suggest a weekly rent of $590, implying a yield close to 5 %.\n\nArmadale is an affluent area with strong recent growth (~5.5 % annually) and excellent access to a range of primary and secondary schools, early‑learning centres, and several tram stops within a few hundred metres
Also written as Unit 1, 16 Sutherland Road.