13 Raymond Street, Melton South, VIC 3338

Invest Smart, Live Free with This Multiple-Income Property (MIP)

Co-living is the current trend, and this is your rare chance to secure a brand-new, purpose-built MIP that guarantees strong returns from day one. With a registered valuation of $1,900,000 and rental returns projected at $166,500 per annum, this investment offers an instant capital growth of $100k and an impressive EBITDA of around $130,000.

Property Features:

This meticulously designed property comprises nine high-quality studios, each boasting:

Ensuite: Full private bathroom

Kitchenette: Equipped with modern appliances, including a rangehood

Quality Furnishings: Queen or Double bed, 2-seater couch, and full-size fridge/freezer

Climate Control: Split-cycle air conditioning for year-round comfort

Private Outdoor Area: Synthetic lawn, personal clothesline, and low-maintenance courtyard

Additional Amenities:

Shared kitchen and laundry facilities

Solar panels installed to reduce energy costs

Prime Location:

Situated in the tranquil suburb of Melton West, just 35 kilometres from Melbourne's CBD, this property offers the best suburban living with easy access to the city. The area is known for its family-friendly environment, top-notch amenities, and excellent transport links, including Melton railway station and several bus routes.

Nearby Amenities:

Shopping: Woodgrove Shopping Centre with a wide array of retail, dining, and entertainment options

Recreation: Nearby parks, including Arnolds Creek Reserve, Navan Park, and Westlake Reserve

Education: Close to reputable schools

Transport: Quick access to Melbourne CBD via Melton railway station and multiple bus routes

Financial Overview:

Rental Returns: Circa $166,500 P.A.

Depreciation: $44,000 in the first year

Land Tax: Exempt

This fully furnished, tenant-ready property is on a quiet street adjacent to parklands, ensuring it attracts the best tenants at optimal rental returns.

Seize this Opportunity:

Contact us today for the Information Memorandum, Valuation Report, and Rental Appraisal to secure your financial future with this exceptional Multiple-Income Property.

Disclaimer: Every effort has been made to ensure the accuracy of the information provided in this advertisement. Prospective buyers should take any necessary action to satisfy themselves regarding relevant details.