107/377 Stud Road, Wantirna South, Vic 3152

Passive Investment | Long-Term Lease | No Owner Occupation 

This fully furnished 1-bedroom apartment in the Punthill Apartment Hotels Knox complex is the perfect hassle-free investment. With a long-term lease, professional management, and rent paid regardless of occupancy, this opportunity is ideal for SMSFs and passive income seekers. 

🔹 Key Details 

Asking Price: $240,000 

Rental Income: $449 per week rent ($23,325 p.a) 

1 Bedroom | 1 Bathroom |  

Fully equipped kitchen, built-in wardrobe, and laundry facilities 


📅 Lease Details 

Current lease to: 07/01/2028 

Options: 2 x 5-year lease renewals 

Next market rent review: 07/01/2023 *Rent review currently in progress 

Annual CPI increases: 2025 to 2028 


💰 Outgoings (Approx. Annual fees can vary) 

Council Rates: $1,305 

Water Rates: $691 

Owners Corporation Maintenance Fees: $633 

Managing Agent Cost: 5.5% of rent $1,283 


🏢 Building Features 

Outdoor lap pool, gym, BBQ area & landscaped gardens 

Secure building with internal lift and air-conditioned comfort 

24/7 onsite management – truly hands-off 


📍 Location Perks – Knox/Wantirna 

Just 25km southeast of Melbourne CBD 

At the base of the Dandenong Ranges – a growing tourism and leisure hub 

Minutes to Westfield Knox, local dining, and entertainment 

Quick access to Eastlink, public transport, and medical precincts 

Popular with both corporate and extended-stay accommodation guests 


📅 Lease & Investment Notes 

Long-term lease in place  

Strictly investors only – no owner occupation 

Suitable for SMSFs, interstate buyers, and hands-off portfolios 

**Net returns do not include capital works or additional expenses associated with property ownership 

📩 Investor Pack Available on Request 
Includes: Contract of Sale, Lease Agreement, Title, Statement of Information & Floorplan 

📞 Contact Stellar Brokers 
For more information or to request documents.

Disclaimer:
The information provided is for general guidance only and is not intended as investment, legal, or tax advice. All figures and details have been supplied by the vendor or third parties and are provided by way of example only. Prospective purchasers should conduct their own independent due diligence and seek advice from legal, financial, or tax professionals to determine the suitability of this investment for their individual circumstances. No responsibility is accepted for the accuracy of the information provided.

Images and floor plans shown are indicative only and may not depict the exact apartment for sale. An inspection of the specific unit is essential to confirm layout, condition, and inclusions.