Melton South, VIC 3338

House 9 9 4
Price: $1,800,000
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HIGH YIELD, HIGH GROWTH INVESTMENT OPPORTUNITY: $100K INSTANT EQUITY
The Phone Code for this property is: 51407. Please quote this number when phoning or texting.

Co-Living is all the rage right now, and here is an opportunity to secure your first and start bringing in the cash.

The numbers:
+Valuation of $1,900,000 ($100k instant capital growth)
+Rental returns circa $163,000
+Depreciation $44,000 year 1
+EBITDA $129,180 (projected}
+Land Tax Exempt

Brand new and tenant ready, this property is made up of 9 studios and finished in high quality fixtures and fittings ensuring you attract the best tenants, at the best rental return.

Situated in a quiet street and adjacent to parklands, each fully furnished studio includes the following:
+Spacious open plan living
+Ensuite
+Kitchenette
+Quality furnishings including Queen or Double bed, 2 seater couch & full size fridge/freezer
+Individual air-conditioning
+Private courtyard
+Own clothesline

Also included is a common kitchen and laundry facility, and the developer has installed solar panels to combat rising power prices.

Contact today for Information Memorandum, Valuation Report & Rental Appraisal, and secure your financial future today.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Features

Balcony/Patio/Terrace, Furnished, Heating, Modern Kitchen, Level Lawn, Rainwater Tank, Shower Facilities, Security Lights, Security Windows, Close to Parklands, Close to Schools, Close to Shops, Close to Transport, Quiet Location, Air Conditioning, Built-ins, Ensuite, Internal Laundry, Broadband, Courtyard, Grey Water System, Solar Panels, Living Area, Fully Fenced

Due Diligence Checklist

Before you buy a home or vacant residential land, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. Click Here to read more.

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Briner & Associates provides residential conveyancing for Victoria. Please call (03) 9572 0255 or email briner_assoc@bigpond.com.

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Contact the Owner
Phone or Text: 0488 847 018
Enter Phone Code 51407 when prompted.

For Sale By Owner | Sell My House | Private House Sales
6093 6098