Melton South, Vic 3338

HIGH YIELD, HIGH GROWTH INVESTMENT OPPORTUNITY: $100K INSTANT EQUITY

$1,800,000

Description

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 $168,000
+Depreciation $44,000 year 1
+EBITDA $134,180 (projected}
+Land Tax Exempt

Brand new and almost fully tenanted, 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.

Looking to Sell Your Own Property?

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By selling yourself, you can save a significant amount of money on agency commissions.

To learn more, please visit: For Sale By Owner