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19 Guinane Avenue

Hoppers Crossing VIC 3029

5
2
House
Currently for sale - view listing

Overview

Rooming house - high yield investment

We are offering a unique opportunity to purchase an amazing residential property that currently generating cash flow of $69,160 p.a. in gross income - a yield of up to 7.28%. This property has been fully renovated and furnished Rooming House comprising 5 room with 2 bathrooms. All rooms have access to the central kitchen as well as a laundry facility in the building. It has all the necessary council approvals and is registered for use. This investment offers certainty of income, land tax exemption, and division 43 depreciation benefits. This property features 591sqm (approx.) of land located in a quiet, established pocket of Hoppers Crossing, the home is conveniently close to schools, local shops, parks, public transport, and major road connections. This is a unique investment with high returns and some fantastic unique ownership benefits. Key features include: • Newly renovated and fully furnished throughout • 5 spacious, secure and individually furnished rooms • Smart Card access to each bedroom • Gas lift beds • Floor-to-ceiling wardrobes and extensive storage • Individual fridges and safes in each room • Fuji split-system air conditioning • 32" Smart TVs • Electric sit-stand desks • Fast internet and integrated data points • Wall-mounted lighting • Modern shared kitchen and dining facilities • 2 shared bathrooms and 2 toilets • Dedicated laundry facilities • Secure front and rear access • Off-street parking • Ramped access • Comprehensive smoke alarm and emergency lighting systems • Convenient Hoppers Crossing location close to public transport, Pacific Werribee, local amenities and Werribee Mercy Hospital

Features

5 bedrooms
2 bathrooms
House

Property history for 19 Guinane Avenue

2023
Sold
$551,600
11 May 2023 by Pratik Shah, of Reliance Real Estate Werribee
2021
Rented
Undisclosed
Leased on 26 Jul 2021 by JK Estate Agents
2019
Rented
Undisclosed
Leased on 28 Apr 2019 by JK Estate Agents

Happy sellers in Hoppers Crossing

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

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

This is based on voluntary sentiment collected from 142 reviews in Hoppers Crossing over the last 12 months.

Local market activity for 5 bedroom houses in Hoppers Crossing

In the last 12 months, 36 five-bedroom houses similar to 19 Guinane Avenue, have been sold.

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