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$859,000
Its Addressed:
Nestled in the heart of historic Moe, this unique 8-bedroom property combines timeless charm with the practicality of a high-performing investment. Perfect for investors seeking solid rental income and development potential, this character-filled rooming house offers a rare opportunity in a high-demand market.
Boasting a spacious layout, the property features eight bedrooms, multiple living areas, and generous communal spaces that cater perfectly to tenant needs. Its distinctive architectural design adds to its appeal, creating a welcoming atmosphere that stands out in the rental market. With the property already generating a substantial rental income of $99,072 per annum, it’s an ideal choice for those seeking a lucrative, low-risk addition to their portfolio.
The historic nature of this building also presents an exciting opportunity for further development. With thoughtful renovations or modernization, you can enhance its value and appeal while retaining its unique character—a perfect blend of past and present for the discerning investor.
Positioned in a well-established residential area, this property offers unrivaled convenience, with easy access to local amenities, schools, and public transport. Its central location ensures high demand from tenants, particularly those drawn to Moe’s historic charm and proximity to major transport links, including the freeway.
Don’t miss the chance to own this exceptional property steeped in Moe’s history. Contact us today to arrange an inspection and explore the potential of this remarkable investment opportunity.
For more Real Estate in Moe contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
2/481-485 Cheltenham Road, Keysborough VIC 3173
Call Luke Woodham on
0408596906
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