An exceptional investment opportunity in one of Claytons most sought-after rental locations. This fully registered 8-bedroom, 8-bathroom rooming house is currently fully occupied, generating approximately $145,987 per annum, with potential rental income of approximately $166,848 per annum following future rental reviews.
The location is a major highlight. The property is positioned within walking distance of Monash University Clayton Campus, one of Australias largest university campuses and a major driver of student accommodation demand in the surrounding area. The City of Monash specifically identifies Monash University as a key generator of student housing demand in Clayton.
Residents also enjoy convenient access to Claytons major shopping and dining precinct, with Clayton Road offering more than 200 businesses and a diverse selection of restaurants, supermarkets, Asian grocers and everyday services. Nearby amenities include Clayton Shopping Plaza, M-City Shopping Centre and Clayton Train Station, providing excellent connectivity and everyday convenience.
Combining strong existing cash flow, further rental uplift potential and a strategic position close to Monash University, this property offers investors an opportunity to secure a high-income accommodation asset in an established rental market, while retaining exposure to Claytons longer-term growth potential.
All rental returns, yields and projections are approximate and based on information provided. Prospective purchasers should undertake their own due diligence and obtain independent financial advice.
Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Thinking of Selling/Leasing or Wanting an Update on your property? Contact Ray Wan on 0433501608.
We can do No Sale, No Charge (T&C apply)
