Exciting investment opportunity with exceptional space

Calling all property investors! Resting on a generous 1003 sq m approx. block, this exceptionally large home offers astute investors a unique and exciting rental income opportunity. Located in a fabulous location just a short stroll to shops, cafés and trains, all your lifestyle amenities are within easy reach, with glorious mountain views on offer every time you step outside the front door. Inside the outstanding dimensions of the floor plan offer abundant accommodation, including eight bedrooms (two with ensuites) plus a further two bathrooms. Dual kitchens offer valuable flexibility, with one located on each level for convenience, with the ground floor kitchen and adjoined dining domain opening out through sliding doors to a sun-splashed deck and lawn. With immense potential and an incredibly versatile floor plan, this property is an investment goldmine that is not to be missed.

THE FEATURES
• Large eight-bedroom, four-bathroom home
• Immense potential for fantastic returns as a rental property investment
• Already hosting 5 tenants and ready for immediate income
• Two bedrooms completed by ensuites
• Dual kitchens, one located on each level
• Ground floor kitchen & dining opens out to deck
• Expansive 1003 sq m approx. block
• Fantastic location just a stroll to shops & trains

THE LOCATION
Ideally placed in the leafy foothills with shopping, cafés and dining at Hillview and Ferntree Gully Village, plus Ferntree Gully Station, Wally Tew Reserve and the Ferny Creek Trail only a pleasant walk away.

On Site Auction Saturday 31st of January at 12pm

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.

Explore the area

School catchments

Heritage College Knox Combined Prep-12 Independent 0.34km
St John the Baptist School Primary Prep-6 Catholic 0.40km
The Avenue School Secondary 11 Independent 0.48km
St Joseph's College Secondary 7-12 Catholic 0.53km
Ferntree Gully North Primary School Primary Prep-6 Government 1.5km
Wattle View Primary School Primary Prep-6 Government 1.7km
Mountain Gate Primary School Primary Prep-6 Government 1.9km
Upper Ferntree Gully Primary School Primary Prep-6 Government 2.3km
Kent Park Primary School Primary Prep-6 Government 2.5km
Fairhills Primary School Primary Prep-6 Government 3.0km
Urban College Secondary 10-12 Independent 3.0km
Lysterfield Primary School Primary Prep-6 Government 3.0km
St Joseph's Primary School Primary Prep-6 Catholic 3.1km
Karoo Primary School Primary Prep-6 Government 3.1km
Boronia K-12 College Combined Prep-12 Government 3.1km
Fairhills High School Secondary 7-12 Government 3.3km
Dillbadin Primary School Primary Prep-6 Government 3.4km
Knox Park Primary School Primary Prep-6 Government 3.5km
Carrington Primary School Primary Prep-6 Government 3.9km
Upwey High School Secondary 7-12 Government 4.2km
St Andrews Christian College Combined Prep-12 Independent 4.3km
Rowville Secondary College-Eastern Campus Secondary Government 4.4km
Scoresby Secondary College Secondary 7-12 Government 4.8km
Sherbrooke Community School Combined 1-12 Government 5.6km
Bayswater Secondary College Secondary 7-12 Government 5.9km
Belgrave Heights Christian School Combined Prep-12 Independent 6.0km
Wantirna College Secondary 7-12 Government 6.2km
Rowville Secondary College Secondary 7-12 Government 6.2km

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.