SoldAug 19, 2025

55 Oneills Road, Melton, VIC, 3337

$1,500,000

9
9
3
586 m²

BlockOfUnits

21 days on the market

Sold: Aug 19, 2025

What's around 55 Oneills Road

UNDER OFFER - 100% Leased to quality tenants

AUCTION HIGH-YIELD ROOMING HOUSE MUST BE SOLD Gross Rent: $150,710 p.a. Circa 10% A rare opportunity to secure a cash-flow positive investment in the heart of Melbourne's booming west. Purpose-built and completed in 2022, this fully compliant Class 1B Rooming House is tenanted, income-producing, and tax-efficient offering both depreciation and land tax exemption benefits that enhance real returns. Investment Highlights 9 individually leased rooms: 9 currently tenanted 100% Occupancy Gross Income: $12,560 per month = $150,720 per year Building Area: 282m² Land Size: 586m² (approx.) Fully furnished, each room with: Ensuite Kitchenette Private courtyard No Owners Corporation Full freehold control Low outgoings Potentially Land Tax Exempt Depreciation Schedule Available Prime Location Minutes to Woodgrove Shopping Centre & Melton Train Station Walk to schools, parks, and public transport Easy access to the Western Freeway and Melbourne CBD Ideal For SMSFs Yield-focused investors Cash flow property buyers Multiple-income property seekers Long-term portfolio stabilisers Included In Sale Full furniture fit-out Smart TVs Full-size fridge & freezer Microwave, kettle & toaster Don't miss one of Melbourne's strongest income-producing properties. Inspect by as advertised or by appointment: Contact Scott Banks Today

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