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92A Grove Road, GROVEDALE VIC 3216
'7 BR Registered Rooming House, Income $65,000p.a, Over 8% Gross Return'.
*Contact agents for further information and book in for an inspection*

Prime Investment Opportunity In An Ideal Locale!

Opportunity is certainly knocking down the door with all the potential this home has to offer. Immaculately presented, this excellent property is of extremely generous proportion and will appeal to any savvy investor who's looking to expand their portfolio.

An opportunity that rarely presents, this property is your chance to capitalize on the booming residential growth market, whilst capitalizing on the outstanding prospects of a rooming house. With 7 individually leased bedrooms (returning approximately $65,182 gross last financial year) the residence is well presented and maintained. Servicing the 7 rooms, the property also features a spacious open plan living/dining/kitchen area to accommodate all tenants. Off the rear is a deck perfect for entertaining or to relax/unwind at the end of the day and very low maintenance yard on compact allotment of approx 450m2.

Other features include: ducted central heating, evaporative cooling, solar hot water, neutral color tones, abundance of natural light, ample storage, and double garage with internal access. Close to the world-famous surf coast, Waurn ponds shopping centre, walking distance to Marshall Train station, local schools and Reserves. A perfect opportunity to up the game in your property investing journey.

*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle 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 this property.
  • Sold
  • $ 735,000
  • Land size: 450 sqm