8 Bedroom Council Approved Rooming House

Rooming
8 Bed | 5 Bath | 3 Cars
 Rent: 
$86,320 per annum
 Land Size: 
1,003 m²
32 km from Melbourne CBD
Close to public transport
Close to shopping
Offers over $850,000

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This property or other similar established properties can be acquired by our Inner Circle membership. This property may be available or it may have been acquired by our client. Submit an enquiry to learn more.

Suitable for following Buyer Brief

Strategy Type: Buy & Hold

Investment Hold Period: Minimum 5 years

End Goal: Passive Income + Wealth Building + Tax Savings

Active or Passive Investing: Passive with minimum maintenance and ongoing involvement

Acquisition Objective: Accumulate super cashflow properties in growth areas for easy hold and get some equity to buy another one in 3 years.

Location Highlights

  • Location & Accessibility:
    Situated approximately 32 km from Melbourne CBD, providing easy access via the Burwood Highway and the nearby EastLink freeway.
  • Shopping & Entertainment:
    The area is serviced by Mountain Gate Shopping Centre and Westfield Knox, offering a wide range of retail, dining, and entertainment options.
  • Education Precincts:
    Features well-regarded primary and secondary schools, along with proximity to tertiary institutions like Swinburne University in nearby Wantirna.
  • Parks & Recreation:
    Nestled near the Dandenong Ranges National Park, offering stunning walking trails, picnic spots, and scenic views. Parks like Kings Park and sporting facilities add to the suburb’s outdoor appeal.
  • Healthcare:
    Several medical clinics and proximity to Knox Private Hospital ensure excellent healthcare options.
  • Restaurants & Cafes:
    A thriving local café culture with diverse dining options, ranging from casual eateries to fine dining, catering to all tastes.
  • Public Transport:
    Well-connected via Ferntree Gully train station on the Belgrave line, providing a direct route to Melbourne CBD. Bus services further enhance accessibility within the area.
  • Vacancy Rate:
    Low vacancy rates reflect a high demand for rental properties in this desirable location.
  • Infrastructure Development:
    Continued investment in roads, public spaces, and community facilities supports future growth and livability.
  • Employment Hubs:
    Close to employment centers in Knoxfield, Scoresby, and Rowville, with industries spanning retail, manufacturing, and professional services.
  • Recommended Due Diligence

    Building & pest inspections, Title search, Flood, Bushfire, Easements, Soil type, Water & sewer, Stormwater, Rooming compliance, Supply Demand stats review, Vacancy rates stats review, Contract review, Tenant agreement review.

    Our Inner Circle membership includes Due Diligence, Search, Data Research, Strategy forming, and End to End Support.

    Offers over $850,000

    Request more info & Send me Properties like this

    Success Icon - Realtor X Webflow Template
    We have received your request.
    We will get back to you within 24-48 hours.

    Thanks Heaps!!
    Oops! Something went wrong.