$1,800,000

13 Raymond St, Melton South, VIC 3338


Exciting Investment Opportunity: Tenant-Ready Micro-Apartment Complex in Melton

An outstanding investment opportunity in Melbourne: a completed, tenant-ready Micro-Apartment complex.


Annual Return: Generates an impressive $163K



  • Ensuite

  • Bedroom and Living area

  • Private outdoor space

  • Modern design elements

  • Eco-friendly features

  • Individual air-conditioning

  • Wi-Fi and other amenities


Management and Occupancy:


A qualified property manager oversees leasing and management, typically for 6-12 month leases. With an average occupancy rate surpassing 98%, these apartments offer exceptional income potential. An optional rental guarantee guarantees rent will be paid on seven of the nine apartments at all times.


$100,000 instant capital gain with a written value of $1.9m


High Yield: with a return above 9%


Demand: High demand for affordable tenancies ensures quick occupancy.


Diverse Tenant Base: Appeals to young professionals and others seeking cost-effective alternatives to hotels and Airbnb.


Tax Benefits: Significant depreciation benefits from fixtures and fittings.


Stable Cash Flow: With nine separate leases, the departure of one tenant does not significantly impact cash flow.


Lease the units furnished or unfurnished, a suitable furniture package is available.


Contact us to arrange an inspection of this excellent investment opportunity.


Don't miss this unique chance to invest in a high-yield, tenant-ready micro-apartment complex in Melton. Secure your financial future today!


Property Features

Property Info

Municipality
Melton South
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