Positioned within the popular Springridge Estate, Wallan, this purpose-designed residence presents an outstanding opportunity for investors seeking a modern property with strong rental potential. Designed with rooming accommodation in mind, the home features five generous bedrooms, each with its own private ensuite, providing excellent privacy and convenience for occupants. The property offers an impressive combination of private accommodation and comfortable communal living spaces.
The home has the potential to generate approximately $60,000 per annum in rental income, subject to occupancy, rental rates and applicable operating requirements. Its five-bedroom, five-ensuite configuration makes it particularly appealing to investors looking for an alternative to a conventional single-tenancy investment.
At the heart of the property is a spacious open-plan family and meals area adjoining the modern kitchen, creating a practical and comfortable shared living environment. The kitchen offers ample cabinetry, generous preparation space, stainless-steel appliances and excellent storage. The floorplan also incorporates a dedicated laundry, built-in robes, additional linen and storage areas, split-system heating and cooling, LED downlights, digital locks, quality window furnishings, low-maintenance landscaped surrounds, internal garage access, a remote-control garage and a covered front porch.
Conveniently located close to Wellington Square Shopping Centre, local schools, childcare facilities, sporting amenities, walking and cycling trails, public transport and easy access to the Hume Freeway, this property combines functionality, modern living and excellent investment appeal. Whether you are looking to expand your portfolio or secure a purpose-designed property offering multiple income streams, 34 Lily Drive, Wallan is an opportunity worthy of consideration.
For further information or to arrange an inspection, contact Inder Singh on 0406 104 794.
Disclaimer: Rental income, dimensions and other property information are approximate only and not guaranteed. Prospective purchasers should conduct their own due diligence regarding rental returns, rooming-house requirements, occupancy, regulatory compliance and all other relevant matters. While care has been taken in preparing this advertisement, the vendor and agent do not warrant its accuracy.
