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61 Elizabeth Street

Moe VIC 3825

5
5
680 m²
House
Currently for sale - view listing

Overview

The Brief: High-Yield Investment with Five Self-Contained Units

Its Addressed: An outstanding opportunity for investors seeking immediate returns, this well-designed five-unit complex offers impressive income potential in a high-demand rental location. Set on approximately 680m², the property comprises five self-contained units, each with a bedroom featuring built-in robes, a private bathroom, and an open-plan kitchenette and living area. A shared laundry adds practicality and ease of management, while the simple, low-maintenance design ensures minimal ongoing costs. Currently returning $350 - $380 per week per unit, the total gross income equates to an impressive $88,920 per annum—a rare find for an established property of this calibre. Key Features: - Five self-contained one-bedroom units - Shared laundry facilities - Shared utilities for simplified management - Strong rental income of $88,920 per annum (gross) - Approx. 680m² allotment with ample outdoor space - Close to Moe CBD, shops, transport, and essential amenities Whether you’re looking to expand your portfolio or secure a solid, high-yielding investment with consistent cash flow, 61 Elizabeth Street, Moe presents an exceptional opportunity not to be missed. "For more Real Estate in Moe contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."

Features

5 bedrooms
5 bathrooms
680 m² lot size
House

Happy sellers in Moe

84%
84% of sellers in Moe reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 82 reviews in Moe over the last 12 months.

Local market activity for 5 bedroom houses in Moe

In the last 12 months, 5 five-bedroom houses similar to 61 Elizabeth Street, have been sold.

This represents a 56% increase in five-bedroom houses sales when compared to the previous 12 months.

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