VIC

Rooming Homes offer 5 rental incomes with 5 tenants and 5 leases in place. Instead of your standard investment property and one rental income 

Rooming Homes

Melbourne, VIC


NUMBER OF RESIDENCE:
1
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LAND SIZE: 
From 375m2
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BUILD SIZE:
From 204m2 
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TYPE OF PROPERTY:
5 bedroom, 5 bathrooms, 1 living areas SLUG or DLUG

What is a Rooming House?

As per the Victorian Building Authority, if a property is classed as 1B, you are able to lease out up to 9 bedrooms as long as the total build remains under 300 sqms. Under this Class, and with a corresponding Rooming House License you can up to 9 separate lease agreements.  

For reference, a standard residential rental property is deemed a Class 1A.

Our Rooming Home offer tenants the added advantage of each bedroom having its own en-suite bathroom. 


Each room will lease fro $240 to $300 per week generating $1,200 to $1,500 per week in rent. 


Conveniently located in an established area of Melton South, this is perfect for the first home buyer, young family or investor. With 40-minute freeway connections to the Melbourne CBD, as well as easy access to inner and outer suburban areas, Melton South presents an appealing entry into the property market. 


It's within close proximity to the Melton train station and bus services, schools, sporting facilities and shopping precincts


Full Turn Key H&L package

 

  • Modern brick & tile with concrete driveway
  • Stone benchtop in kitchen
  • 600mm applicances 
  • Air conditioning to living areas
  • Blackout Roller Blinds
  • Gas Heating
  • Fencing & landscaping
  • Vinyl timber flooring to living areas
  • Carpet in bedrooms
  • Furniture Package $32,900 (not included in pricing)

 

Priced from $785,000 furniture package not included

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