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1-4/391 Forest Street,
Wendouree 3355, Victoria

5 bedrooms
4 bathrooms
4 car spaces
733m² land size
735m² building size
House

$1,050,000

Property Price Statement

Property details

Outstanding Investment Opportunity - Four Units, One Title, Strong Returns

An exceptional opportunity awaits investors seeking a quality, set-and-forget addition to their portfolio. Comprising four well-maintained units (1 x 2 Bedrooms & 3 x 1 Bedroom) on a single title, this property offers the rare combination of immediate income, strong rental demand and future potential.

Generating a combined annual rental income of $68,120 per annum from 20 September 2026, once the scheduled rent increases take effect, this is an investment that delivers reliable cash flow from day one.

Perfectly positioned in a convenient location, the property is within easy reach of schools, shopping centres, public transport and everyday amenities, ensuring ongoing appeal to a broad range of tenants. With low-maintenance living, multiple income streams and the security of one title, this is an ideal opportunity for seasoned investors or those looking to expand their portfolio with a high-performing asset.

Investment opportunities of this calibre are rarely available-secure your future with this outstanding multi-unit offering today.

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

  • Forest Street Primary School Primary Prep-6 Government 0.30km
  • Forest Street Primary School-Forest Street Deaf Facility Primary Government 0.35km
  • Our Lady Help of Christians School Primary Prep-6 Catholic 0.71km
  • Yuille Park Community College-Yuille Campus Combined Government 1.1km
  • Yuille Park Community College-Young Parents Campus Combined Government 1.1km

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.


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