1-8, 63 Pultney St, Dandenong, Vic 3175

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Expressions of Interest
Expressions of Interest
Published on: 11 Oct 2024
Last updated on: 11 Oct 2024
1-8, 63 Pultney St, Dandenong, Vic 3175
1-8, 63 Pultney St, Dandenong, Vic 3175
1-8, 63 Pultney St, Dandenong, Vic 3175
+15
1-8, 63 Pultney St, Dandenong, Vic 3175
  • 15
Property ID: 504710724
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Key property information

Floor Area
1,000.00 m2

Investment Opportunity: Fully Leased Block of 8 Townhouses

1-8, 63 Pultney St, Dandenong, Vic 3175
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.

Property Details

Basic Info

Property Type
Other
Listing Status
On Market
Address
1-8, 63 Pultney St, Dandenong, Vic 3175
Max Pisano
Max Pisano
Suite 516 Level 2, UL40 1341 Dandenong Rd, Chadstone, Vic 3148
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Max Pisano
Max Pisano
Suite 516 Level 2, UL40 1341 Dandenong Rd, Chadstone, Vic 3148
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      Property ID: 504710724

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