SHARED ACCOMODATION PROPERTY, UNIQUE INVESTMENT OPPORTUNITY - POTENTIAL 10% + P.A. RETURN

This purpose built, shared accommodation facility is a unique opportunity for the astute investor looking for a stable property asset generating a reliable income source.
Constructed circa 2021, the 281 sqm residence is modern, secure and functional for its original intention and has been under professional property management and operating within the compliance of a rooming house.
Positioned at the rear of a three dwelling complex, the residence is private and quiet whilst the inner town location, 800 metres from the CBD, adds convenience.
The layout includes NINE double bedrooms, THREE bathrooms, a laundry, and a communal kitchen well equipped with a gas cooktop, electric oven, dishwasher, ample cupboard space and an island bench.
All bedrooms are generous in size and feature independent keyless entry, inbuilt twin robe,split system air conditioner, practical timber laminate flooring, window coverings, power and internet points.
Each bedroom can be leased for around $200 per week.
One bathroom has an oversized shower, vanity and toilet, the second has a bath, shower, vanity and toilet.
Secure keypad entry to the premises, one designated disability parking space, clothes line and the potential for an outdoor area are further inclusions.
The Drouin Medical Centre, supermarket, shops and eateries as well as parkland and the train
station are all within walking distance, or the local bus stop is only metres along the street.

For additional information contact Ron Malhotra on 0407 368 018.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Inspections

Explore the area

View in Google Maps

School catchments

Drouin Primary School Primary Prep-6 Government 0.43km
St Ita's School Primary Prep-6 Catholic 0.63km
Drouin Secondary College Secondary 7-12 Government 1.8km
Chairo Christian School Combined Prep-12 Independent 2.4km
Chairo Christian School - Drouin East Campus Combined Independent 3.5km
St Paul's Anglican Grammar School - Drouin Campus Combined Prep-12 Independent 4.3km
Drouin West Primary School Primary Prep-6 Government 4.9km
Drouin South Primary School Primary Prep-6 Government 5.2km
St Joseph's School Primary Prep-6 Catholic 5.9km
Marist-Sion College Secondary 7-12 Catholic 6.1km
St Paul's Anglican Grammar School - Warragul Campus Combined Independent 6.8km
Warragul Primary School Primary Prep-6 Government 7.0km
Warragul Regional College Secondary 7-12 Government 7.3km
Warragul North Primary School Primary Prep-6 Government 7.6km
Longwarry Primary School Primary Prep-6 Government 7.8km
Buln Buln Primary School Primary Prep-6 Government 7.9km
Lardner and District Primary School Primary Prep-6 Government 8.6km
St Angela of the Cross Primary School Primary Prep-6 Catholic 9.4km
Drouin Secondary College-Blackwood Annexe Secondary Government 13.9km
Neerim District Secondary College Secondary 7-12 Government 15.3km
St Thomas Aquinas College Combined Prep-12 Independent 21.1km
Rubicon Outdoor School-Nayook Camp Secondary Government 25.8km
Chairo Christian School - Pakenham Campus Combined Independent 27.2km
Trafalgar High School Secondary 7-12 Government 28.1km
Koo Wee Rup Secondary College Secondary 7-12 Government 32.4km
Oakwood School-Pakenham Campus Secondary Government 33.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.