17 McKean Street

Bairnsdale VIC 3875

199.29 m²

509 m²

Development Site

Currently for sale - view listing

Overview

One part contract. Fixed price. Zero surprises.

Bairnsdale Investment Opportunity Full turnkey, fixed price, one contract 4 bed | 2 bath | 2 living areas | double garage Rent estimate: $520 to $560 per week Approx. 4.5 to 5.0% yield Strong depreciation benefits on a brand new build Stamp duty on land value only, no build started yet 10% deposit at signing, balance on completion Suits SMSF buyers, yield-focused investors, first-time regional investors, and buyers priced out of Melbourne Bairnsdale is doing the job most investors want without the price tag most investors are stuck fighting for. It's the major service hub for East Gippsland, so you've got healthcare, government and local industry all sitting underneath consistent tenant demand, not one employer, not one industry. That's what stable regional means in practice. The layout above is built for tenant appeal, not just owner preference, which is exactly what keeps a yield like this steady rather than optimistic on paper only. Depreciation benefits are strong on a build this new, worth running past your accountant so you see the real numbers, not just the estimate. Because nothing's been built on the land yet, stamp duty is assessed on the land value alone, not the finished package, worth confirming the exact figure with your conveyancer once you're ready to move. If you're an SMSF buyer, a yield-focused investor, just starting out in regional property, or you've been priced out of Melbourne and want a foot in the door without compromising on quality, this is worth a proper look