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1-4/391 Forest St

Wendouree VIC 3355

5
4
4
735 m²
733 m²
House
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
4 bathrooms
4 carspaces
4 carport spaces
735 m² floor area
733 m² lot size
House

Happy sellers in Wendouree

95%
95% of sellers in Wendouree reported that their sale price either exceeded or met their price expectations.

Wendouree stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Wendouree over the last 12 months.

Local market activity for 5 bedroom houses in Wendouree

In the last 12 months, 4 five-bedroom houses similar to 1-4/391 Forest St, have been sold.

This represents a 33% decrease in five-bedroom houses sales when compared to the previous 12 months.

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