Back 11 Raymond Street
Off Market

11 Raymond Street

Melton South VIC 3338

9
9
3
724 m²
Block of units
Scott BanksScott Banks, last sold this property on 25 June 2025 after -7 days on market.

Overview

Multiple Income Property - 9 tenancies, fully leased rent $155,220 P.A.

Invest Smart, Live Free with This Multiple-Income Property (MIP) Co-living is the current trend, and this is your rare chance to secure an as new purpose-built MIP that guarantees strong cash-flow returns from day one. With projected rental returns of $155,220 per annum, this investment offers strong capital growth potential and impressive EBITDA. Property Features: This meticulously designed property comprises nine high-quality studios, each boasting: Ensuite: Full private bathroom Kitchenette: Equipped with modern appliances. Quality Furnishings: Queen or Double bed, 2-seater couch, and full-size fridge/freezer Climate Control: Split-cycle air conditioning for year-round comfort Private Outdoor Area: Synthetic lawn, personal clothesline, and low-maintenance courtyard Additional Amenities: Shared kitchen and laundry facilities Solar panels installed to reduce energy costs Prime Location: Situated in the tranquil suburb of Melton West, just 35 kilometres from Melbourne's CBD, this property offers the best suburban living with easy access to the city. The area is known for its family-friendly environment, top-notch amenities, and excellent transport links, including Melton railway station and several bus routes. Nearby Amenities: Shopping: Woodgrove Shopping Centre with a wide array of retail, dining, and entertainment options Recreation: Nearby parks, including Arnolds Creek Reserve, Navan Park, and Westlake Reserve Education: Close to reputable schools Transport: Quick access to Melbourne CBD via Melton railway station and multiple bus routes Financial Overview: Potentially Land Tax: Exempt This furnished, tenant-welcoming property is on a quiet street adjacent to parklands, ensuring it attracts the best tenants at optimal rental returns. Seize this Opportunity: Contact us today to secure your financial future with this exceptional Multiple-Income Property. Disclaimer: Every effort has been made to ensure the accuracy of the information provided in this advertisement. Prospective buyers should take any necessary action to satisfy themselves regarding relevant details.

Features

9 bedrooms
9 bathrooms
3 carspaces
724 m² lot size
Block of units

Estimated Value

We need at least 3 similar 9 bedroom block of units sold in Melton South over the last 12 months.

Property history for 11 Raymond Street

2025
Sold
Undisclosed
Private Sale/Treaty on 25 Jun 2025 by Scott Banks, of Scott Banks Real Estate Group
2024
Rented
Undisclosed
Leased on 14 Jul 2024 by Certainty Property NSW
2021
Sold
Undisclosed
21 Jul 2021 by Anna Grech, of Woodards Yarraville

Happy sellers in Melton South

91%
91% of sellers in Melton South reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 185 reviews in Melton South over the last 12 months.

Local market activity for 9 bedroom block of units in Melton South

In the last 12 months, 1 nine-bedroom block of units similar to 11 Raymond Street, have been sold.

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