High Yield Investment Opportunity

Fully Tenanted Rooming House in Prime Kennington Location - High Yield Investment Opportunity

This fully licensed, fully insured, and state and council-registered rooming house in Kennington offers an exceptional investment opportunity. With 7 well-maintained bedrooms and the potential to accommodate up to 12 residents, this property is currently returning a steady $1,555 per week in rental income.

Key Features:

7 Bedrooms with the capacity to house up to 12 people
Currently tenanted, ensuring an immediate return on investment
$1,555 per week rental income
Fully furnished property included in the sale
Low-maintenance block with minimal upkeep
Permitted Rooming House, registered with both the State and Bendigo Council
Permanent Disability Access Exemption, enhancing inclusivity
Prime Kennington location, walking distance to public transport and Bendigo CBD
Whether you're a seasoned investor or just getting started, this rooming house offers long-term stability and solid returns in a highly sought-after location. Don't miss the chance to secure this excellent, fully-tenanted property in the heart of Kennington!

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.

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School catchments

SEDA College (Victoria) - Multi Bendigo Secondary Independent 0.15km
St Therese's School Primary Prep-6 Catholic 0.48km
Crusoe 7-10 Secondary College Bendigo Teaching Unit Secondary Government 0.55km
Kennington Primary School Primary Prep-6 Government 1.3km
St Kilian's School Primary Prep-6 Catholic 1.4km
Bendigo Senior Secondary College-Netschool Campus Secondary Government 1.4km
Kennington Primary School-Bendigo Deaf Facility Primary Government 1.5km
Bendigo South East 7-10 Secondary College Secondary 7-10 Government 1.6km
Bendigo Senior Secondary College Secondary 10-12 Government 1.7km
St Joseph's School Primary Prep-6 Catholic 1.7km
Camp Hill Primary School Primary Prep-6 Government 1.8km
Quarry Hill Primary School Primary Prep-6 Government 2.0km
Girton Grammar School Combined Prep-12 Independent 2.1km
Creek Street Christian College Combined Prep-12 Independent 2.2km
Catherine McAuley College Secondary 7-12 Catholic 2.3km
Girton Grammar School - Junior School Combined Independent 2.3km
Weeroona College Bendigo Secondary 7-12 Government 2.6km
Victory Christian College Combined Prep-12 Independent 2.7km
Bendigo Primary School Primary Prep-6 Government 2.8km
St Peter's School Primary Prep-6 Catholic 2.9km
Golden Square Primary School Primary Prep-6 Government 3.6km
Spring Gully Primary School Primary Prep-6 Government 3.6km
Catherine McAuley College - Coolock Campus Secondary Catholic 3.9km
Eaglehawk Secondary College Secondary 7-10 Government 5.6km
Weeroona College Bendigo - Bendigo FLO Secondary Government 5.9km
Crusoe 7-10 Secondary College Secondary 7-10 Government 6.3km

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.

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