Securely leased at $650 per week, this substantial double-storey residence at 16 High Street, Moe offers investors an immediate income stream with the potential for strong long-term capital growth. Positioned just moments from Moe's town centre, the property combines heritage character, versatile living spaces, and rare laneway access – making it as practical as it is appealing to tenants.
Immediate Return: Currently leased at $650 per week, offering consistent cash flow from day one.
Flexible Floorplan: Four bedrooms, three bathrooms, two living areas, plus an upstairs kitchenette, ideal for dual living or multi-generational arrangements, appealing to a wide rental market.
Tenant-Friendly Features: Multiple living zones, ample storage, screened-in balcony, and dedicated utility rooms provide functionality and comfort that tenants value.
Practical Infrastructure: Double carport, separate garage, storage room, and rear laneway access allow for excellent off-street parking and workshop/storage potential.
Central Location: Walking distance to Moe's CBD, train station, shops, cafes, and local amenities, ensuring enduring tenant demand.
With its scale, versatility, and unbeatable position, 16 High Street is a rare find in the current market. Whether held as a long-term investment or explored for dual-income potential, the property delivers both immediate return and future upside.
For investors seeking a solid addition to their portfolio in a high-demand rental market, this property represents exceptional value.