303/40 Burgundy Street, Heidelberg VIC 3084

At a purchase price of $418,000 and an estimated rental return of $450 per week, the property offers an approximate gross yield of 5.6% per annum, excluding outgoings

Oversized one-bedroom living in Heidelberg’s premier precinct

Positioned in the heart of the vibrant Burgundy Street precinct, this impressively proportioned one-bedroom apartment stands out for its generous scale.

Designed with comfort and functionality in mind, the expansive open-plan living and dining domain is bathed in natural light and flows effortlessly to a private balcony with peaceful outlooks towards the Heidelberg parklands – the perfect setting for relaxed mornings or quiet evenings. The sleek, contemporary kitchen is appointed with quality appliances, streamlined cabinetry and ample bench space, delivering everyday practicality with modern style.

The oversized bedroom features a built-in robe and excellent proportions rarely found in one-bedroom apartments, complemented by a sophisticated bathroom with quality finishes. Dedicated study nook, secure basement car parking, a storage cage and secure intercom entry enhance the ease and security of this low-maintenance lifestyle opportunity.

Ideal for first-home buyers, professionals or astute investors seeking strong rental appeal, the location is unmatched. Enjoy immediate access to Burgundy Street’s renowned cafés, restaurants, boutiques and grocers, with Austin Hospital and the major medical precinct just moments away. Heidelberg Train Station, parklands, walking trails and leading schools are all within easy reach, ensuring outstanding lifestyle convenience only 10km (approx.) from the CBD.