Situated in the Mornington Peninsula’s thriving Western Port Growth Corridor, this premium turn-key Rooming-House is the ideal addition to the astute investors diverse - cashflow portfolio. Features Include: • Circa $172,224 Per Annum GAR* * Circa 9% Return • One of the highest yielding Metro investment returns • High Rental Demand with under 1.5% vacancy rates in Victoria • 9 Thoughtfully designed rooms including living/bedroom zones plus bathroom and kitchenette • 1 Oversize ambulant room and bathroom • 9 individual private open spaces plus a communal outdoor area • Premium fit out including sound proofing and solid doors • Sizeable communal kitchen/laundry area • All compliant amenities and more • Onsite parking available • Underpinned by a sought after, central location • Within 100m of Train Station, Bus Stops, Medical Centres, Cafés and General Shopping • Huge benefits available via high level Depreciation & Land Tax Exemption* • Full "turn key" (blinds/landscaping/fencing/) • Pay on completion (no progress payments) • Brand New construction estimated for completion circa November 2024 Contact Sean Crimmins for your information memorandum. Viewings available via private inspection *All figures and measurements are approximate *Some images displayed are of a recent, similar project by the same developer.
E-Mail-Anfrage an Baywest Real Estate -
Immobilie ID: 145716072