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87 Smith Street, GROVEDALE VIC 3216
Prime Investment Opportunity in Excellent Condition
This well-maintained rental property at 87 Smith St, Grovedale, presents a fantastic investment opportunity. With 3 bedrooms, 2 bathrooms, and a study that could easily be converted into a 4th bedroom, it sits on a 612m² block and is leased until 14th November 2025, generating a rental income of $540 per week.

The spacious layout features a master bedroom with an ensuite and walk-in robe, two additional bedrooms with built-in robes, and a separate home office or flexible space. The large living areas provide plenty of room for family living or entertaining, making this a versatile and comfortable home for tenants.

Recent upgrades include:

New hot water service
Roller blinds
New carpeting throughout
Central gas heating
Evaporative cooling
Gas cooktop and oven
Regular maintenance ensures the property stays in great condition and provides peace of mind for the owner:

Annual gutter cleaning
Bi-annual garage door servicing
Bi-annual servicing of heating and cooling systems
All mandatory compliance checks
Located in a quiet, family-friendly neighborhood, this home is within walking distance to local shops, supermarkets, and Grovedale Primary School. It’s also just minutes from Marshall Station, the Waurn Ponds shopping and entertainment precinct, and easily accessible to both the Surf Coast Highway and Barwon Heads Road. This makes trips to Torquay and Barwon Heads Beach a breeze. Plus, it's only a 12-minute drive to the CBD, offering a perfect blend of local convenience and easy access to both city and surf.

Well-cared-for and thoughtfully updated, this property requires minimal upkeep for the next owner.




*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.