15 Omega Street

Sunshine VIC 3020

515 m²

House

Currently for sale - view listing

Overview

Premium Multi-Income Asset | $171,480 p.a. Proven Income | 9 Fully Leased Suites

Positioned within one of Melbourne's rapidly evolving inner-western corridors, this purpose-built multi-income residence represents a rare opportunity to secure a fully stabilised, high-performing residential asset delivering immediate and consistent cash flow. Thoughtfully designed and constructed to a significantly higher standard than traditional rooming house stock, the property comprises nine oversized, self-contained suites, each finished with private en-suites, generous proportions and integrated living functionality creating a superior tenant offering and a more resilient long-term income profile. Fully leased and operating as a proven income-producing asset, the property currently generates $171,480 p.a., reflecting an average rental of $366 per week per suite. The consistency of income across all rooms highlights both the strength of the design and the ongoing demand for well-executed co-living accommodation in this location. At its core, this is not a typical residential investment. It is a deliberately structured, multi-income asset designed to deliver: Diversified income across nine tenancies Reduced vacancy risk compared to single-tenancy dwellings Strong rental demand from a broad tenant base A higher-quality living environment supporting tenant retention Internally, the property presents in excellent condition, with a clean, modern aesthetic and durable finishes designed for both longevity and ease of maintenance. A central shared kitchen and common areas are complemented by in-room amenities, striking a balance between independence and community living. From an investment perspective, the asset sits firmly within a growing segment of the market purpose-built co-living and multi-income housing which continues to gain traction as affordability pressures and lifestyle preferences evolve. Investment Highlights Fully leased investment generating $171,480 p.a. Average rent of $366 per week per suite Nine self-contained suites with private en-suites Purpose-built design optimised for income and tenant retention Consistent rental profile across all rooms Strong demand location within Melbourne's inner west Turnkey investment with immediate income Positioning Located in Sunshine, approximately 12km from Melbourne's CBD, the property benefits from proximity to key infrastructure, including Sunshine Station, major road networks, healthcare facilities and ongoing urban renewal projects underpinning long-term demand. Opportunities of this calibre combining scale, design quality and proven income performance remain tightly held and rarely offered to the market.