Back 50 Rich Street
Off Market

50 Rich Street

Noble Park VIC 3174

8
8
8
0 m²
727 m²
House
Last sold for $2,000,000
Bruce UngBruce Ung, last sold this property on 23 April 2026 after 13 days on market.

Overview

Blue-Chip 8-Unit Investment – High Yield, Prime Location, Exceptional Opportunity

An exceptional opportunity has arisen to acquire a high-performing, income-generating asset in the heart of Noble Park. This meticulously maintained building comprises 8 fully self-contained units, each including a bedroom, bathroom, toilet, living area, and additional features, providing tenants with complete privacy, comfort, and functionality. Delivering over $10,000 per month in combined rental income, this property represents a secure and high-yield investment, offering immediate cash flow with strong long-term growth potential. Its versatile configuration ensures strong tenant appeal and high occupancy rates. Investment Highlights: - Entire block of 8 self-contained units on one title, ideal for investors seeking scale and efficiency - Each unit includes a bedroom, bathroom, toilet, living area, and additional features, designed for privacy and tenant comfort - Over $10,600 per month in rental income, providing immediate and reliable cash flow - Ample rear car parking, a highly sought-after feature that enhances tenant convenience - Low-maintenance configuration, ensuring minimal management complexity while maximising returns - High tenant demand due to the combination of privacy, convenience, and functional layouts Prime Location: Centrally located, the property is a short walk from shops, cafes, and bus stops. Commuters benefit from easy access to both Noble Park and Yarraman train stations, and just minutes to the Monash Freeway and EastLink, providing effortless connectivity across Melbourne. This property is a turnkey investment, perfectly suited for seasoned investors or those looking to expand their portfolio. With its combination of immediate rental income, high tenant demand, and prime location, it represents a rare opportunity to secure a high-yield, low-maintenance, multi-unit asset in one of Melbourne’s most accessible and sought-after precincts. Virtual Staging Disclosure: Some images have been virtually staged to illustrate the potential of the property. Furniture and décor shown are for display purposes only and are not included in the sale. Call Bruce Ung today to secure this exceptional investment opportunity.

Features

8 bedrooms
8 bathrooms
8 carspaces
8 carport spaces
0 m² floor area
727 m² lot size
House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in Noble Park over the last 12 months.

Property history for 50 Rich Street

2026
Sold
$2,000,000
23 Apr 2026 by Bruce Ung, of @realty - VIC

Happy sellers in Noble Park

89%
89% of sellers in Noble Park reported that their sale price either exceeded or met their price expectations.

Noble Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 88 reviews in Noble Park over the last 12 months.

Local market activity for 8 bedroom houses in Noble Park

In the last 12 months, 1 eight-bedroom house similar to 50 Rich Street, have been sold.

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