Waurn Ponds VIC 3216

$1,150,000.00

Prime Rooming House Investment Opportunity in Waurn Ponds

 10-12% rental return
 No Land Tax
 Full T-key H&L Package
 Stamp duty savings …..on land value only
 Huge capital growth after completion and renting

 Unique Investment with both Resi & Commercial benefits

We will provide complete service…..You Invest and earn income….We will do all the hard work of
Acquisition, Build and Rent and General maintenance
Welcome to a lucrative investment opportunity strategically located in the thriving community of
Waurn Ponds. This exceptional rooming house presents a unique chance to secure a steady and
high-yield commercial property, ideally suited for astute investors.
Property Highlights:
✨ Location: The property is strategically positioned in close proximity to Deakin University,
Epsworth Hospital, Train Station, and a bustling Shopping Centre. This prime location ensures a
constant demand for student accommodation, making it an ideal investment for those looking to
capitalize on the growing student population in the area.
✨ Commercial Returns: Enjoy a solid and consistent rental income with a generous gross annual
rent of $140,000*. The property boasts a remarkable commercial return ranging between 10% to
12%, providing a substantial return on investment for prospective buyers.
✨ Great Rental Demand: The exceptional rental demand in the area is primarily driven by the large
student population attending Deakin University. With a reputation for quality education, Deakin
attracts students from various parts of the country and internationally, guaranteeing a continuous
influx of potential tenants seeking comfortable and convenient living arrangements.
✨ Sale Price: Priced competitively at $1,150,000, this property represents an excellent value for
investors seeking long-term returns and capital appreciation.
✨ Existing Demand: Waurn Ponds has witnessed a surge in demand for student accommodation,
with approximately 43 rooming houses already in operation. This property, with its strategic location
and well-designed facilities, is poised to meet the ever-growing demand, ensuring high occupancy
rates.

Key Features:

* Room Configuration: The property is designed to accommodate a significant number of tenants,
offering a practical and efficient room layout to maximize occupancy.
* Proximity to Transport: With easy access to the train station, commuting for tenants is
convenient, enhancing the property & its attractiveness for students and professionals alike.
*Shopping Convenience: The nearby shopping center adds to the property's appeal, providing
residents with convenient access to essential amenities and services.
Investment Potential:

This rooming house is not just a property; it is a strategic investment in a location with a proven track
record of high rental demand. The 10% to 12% commercial gross return, combined with the prime
location, makes this offering a standout choice for investors looking for both immediate rental
income and long-term capital growth.
Don't miss out on this golden opportunity to secure a valuable piece of real estate in the heart of
Waurn Ponds. Contact us today to arrange a viewing and explore the potential returns this
investment can offer.

Disclaimer:
Disclaimer: The price includes land and construction costs only and does not cover stamp duty and
registration costs. If a planning permit is required, the builder will charge the associated permit cost.
Rental figures mentioned are based on an estimated $300 per week per room and may be subject to
change at the time of lease based on market conditions. APM will facilitate land acquisition,
construction, registration, and provide rental management services. Designs and façade are for
illustrative purposes only. Detailed information will be provided during sales appointments. We
recommend conducting your own due diligence before purchasing, as the information provided by
APM is a guide only.
We understand the significance of your investment, and our team is committed to providing
transparent and professional guidance throughout the process. To arrange a sales appointment and
delve into the specifics of this exclusive package, please contact our dedicated sales consultants.
Your investment journey starts here.

Property Details

• Type: Land/Development