5 Merryn Cl

Bundoora VIC 3083

596 m²

House

Overview

High Yield Investment - Fully Leased 8 Rooming House

The Phone Code for this property is: 82929. Please quote this number when phoning or texting. OFFERS INVITED Rental Income $2,080 PER WEEK $108,160 PA ( 2026 Potential $119.600) | Fully Furnished | Land Tax Exempt | Metro Melbourne Location | Minimal Management Required Potential SMSF Investment - (subject to advice from your financial professional) The Ultimate Positive Cash Flow Investment from Day 1 - Set & Forget! This fully licensed, fully furnished Rooming House, high-yield investment in a prime Metro Melbourne location. Will generating $108,160 per annum in rental income, approx. 9% +Gross Yield - with further increase potential - this is a rare, high-demand asset that offers long-term stability, strong rental returns, and minimal ongoing work. Why This Investment Stands Out: 8 fully furnished rooms - each with split-system air conditioning for tenant comfort 3 modern bathrooms - well-equipped to accommodate multiple tenants Secure long-term tenants - ensuring continuous occupancy and reliable cash flow Upcoming rent increase - even greater income potential! Solar panels - reducing operational costs and increasing profit margins Land tax exempt - maximizing your net rental yield Fully compliant & licensed Rooming House - no additional approvals needed! Low-maintenance property - hassle-free investment with minimal ongoing work Easy access to Bus & Tram - additional convenience for tenants Future development potential (STCA) - explore a possible Knock Down Build - 596m2 Possible SMSF investment - subject to advice from your financial advisor Prime Bundoora Location - Always in Demand! Walking distance to RMIT University & easy access to La Trobe University Close to Bundoora Square Shopping Centre, public transport & major arterial roads High-demand rental area - strong tenant pool ensures ongoing occupancy BONUS: Direct Sale from Owner - Support Available! Self-managed partly by the current owner - willing to assist with setup & ongoing management Expert guidance on tenant management, compliance & operational best practices Ideal for first-time or experienced investors looking for a profitable, hassle-free asset Secure This High-Yielding Investment Today! Don't miss out on this incredible cash-flow machine in one of Melbourne's most sought-after rental locations. Contact me directly for any questions or to arrange an inspection! Serious investors only - Act fast! Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.