MP Property Agents are pleased to offer this outstanding investment opportunity in the heart of Dandenong. Presenting a near-new block of 8 architecturally designed townhouses, this property is a turnkey investment ideal for super funds or institutional investors. With all townhouses fully leased, the property delivers immediate rental income and offers excellent long-term growth potential. Separately titled, these townhouses provide flexibility for future divestment while benefiting from very low Owners Corporation fees and rental guarantees. Address: 1-8/63 Pultney Street, Dandenong VIC 3175 Land Size: Approx. 1019 sqm Rental Income: Circa $250,000 p.a. Expected Gross Yield: 5% Price: To be sold as a whole This near-new block of 8 architecturally designed townhouses, all separately titled, offers investors not only a strong, immediate rental return but also future divesting opportunities. Perfect for super funds and institutional investors, this property is situated in the heart of Dandenong, an area with high rental demand and strong capital growth. Each townhouse features: - A mix of 2 to 3 bedrooms, 2 to 3 bathrooms, and secure parking - Modern interiors with high-end finishes, open-plan kitchens, and stylish living spaces - Very low Owners Corporation fees and rental guarantees, making it an even more attractive investment - Secure gated access and private entrances for enhanced tenant comfort - Subdivided and separately titled for future flexibility in selling individual units - Proximity to Dandenong Market, Lonsdale Street Shopping, Dandenong Park, and key local amenities This fully leased block ensures a steady rental return of $250,000 per annum with a strong 5% gross yield. It presents a low-risk, high-reward investment in one of Melbourne’s fastest-growing areas. Highlights: - Central Location: High-demand rental area, surrounded by local amenities and public transport - Turnkey Investment: Fully leased, providing immediate rental income - Future Divesting Opportunities: Separately titled townhouses allow for future sales of individual units - Very Low OC Fees & Rental Guarantees: Maximizing your net return - Strong Yield: 5% gross rental yield, perfect for long-term investors - Subdivided and Available: Ready for individual sales if needed, offering incredible flexibility Contact us now for more information or to arrange a private inspection or obtain an information memorandum.
Email enquiry to MP Property Agents - CHADSTONE
Property ID: 504710724