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Gardiner on the Park Apartments - Priced from $430,000

Boutique apartments in a secluded quiet pocket of North Melbourne located only 6 minutes to the CBD

Dennis Wong

Dennis Wong

Acquisitions Manager

0432 115 288 | 07 3056 1941

Complete Your Details to Receive a Detailed Information Brief

This is not a contract for the sale and purchase of a property.

Completing this form does not commit you to purchase: this is an expression of interest form that allows the team at Real Estate Investar to contact you about this investment opportunity, answer any questions you may have and if you wish help you to select the unit that best meets your investment preference.

Boutique 1 & 2 bedroom apartments in a complex of 27 located only 3.5km from the CBD.

Median unit prices $502,000

1 bed, 1 bath - expected positive cashflow after tax, gross yield from 5.0%.

6 minutes from Melbourne CBD, close to The Royal Melbourne Hospital, RMIT & University of Melbourne

Each residence has an unobstructed view across to Gardiner Reserve & the CBD skyline

Gardiner on the Park Apartments - Property Overview

Located less than 6 minutes from Melbourne CBD, Gardiner on the Park is located in a secluded quiet pocket of North Melbourne with a boutique collection of only 27 luxurious residences comprising of one, two & three bedroom apartments over 9 levels. 

Each residence has an unobstructed view across the neighbouring Gardiner Reserve and out towards the CBD skyline.

Each apartment has distinctive square window framing giving the free-flowing, open living areas a different kind of character to the usual apartment feel.

Construction has commenced with completion due in 3rd quarter of 2019. There are only a limited number of great one & two bedroom apartments still available.

Building Details

  • Open floor plans
  • Natural timber flooring
  • Sleek white cabinetry
  • White stone bench tops
  • Latest SMEG stainless steel applicances
  • Frameless walk-in shower
  • Expansive mirrored cabinetry
  • Hanging vanity with storage
  • Rooftop garden with various seating, dining & relaxing areas
  • Minature lawns, raised beds & leafy trees
  • Walking distance to shopping, dining, entertainment & parks
  • Walking distance to trams & buses

Location Overview

  • 3.5km to Melbourne CBD - 10 minutes by tram or 13 minutes cycle
  • 5 minutes to The Royal Melbourne Hospital
  • 5 minutes to the North Melbourne Primary School
  • 6 minutes to Royal Park
  • 6 minutes to Queen Victoria Markets
  • 10-12 minutes to University of Melbourne & RMIT University
  • 10 minutes to Ethihad Stadium
Why we selected this opportunity
Sought After Location Close to Melbourne CBD, schools, universities, hospital, restaurants, cafes & shops
Low Entry Price Point From $430,000 (1 bed 1 bath) & below median unit price of $502,000
Expected Completion Date 3rd quarter 2019 - construction has commenced
Expected Rent

$415 - $425 p/w (1 bed 1 bath) with expected gross yield of 5.0%

Supply & Demand Over 27% population growth from 2011 to 2016 & low vacancy rate of 2.2%

Real Estate Investar approved investment

Each opportunity we select goes through a robust due diligence process to ensure it is “investment-grade” stock. 

We use our unique suite of property research tools to carry out a 7-point check in the following categories:

Linc Apartments, Essendon.  Real Estate Investar approved stock.

  1. Location / Suburb / Infrastructure
  2. Yields / Cash Flow
  3. Equity / Value
  4. Development Overview
  5. Contract Terms
  6. Capital Growth
  7. Supply and Demand Metrics

If you are interested in learning more about the Gardiner on the Park Apartments, please call our agent or submit your details to receive our detailed investment brief.